Delta 9 Cannabis Inc. (TSE:DN – Get Free Report)’s stock price dropped 14.3% during mid-day trading on Tuesday . The company traded as low as C$0.03 and last traded at C$0.03. Approximately 11,614 shares were traded during trading, a decline of 98% from the average daily volume of 703,038 shares. The stock had previously closed at C$0.04.
Delta 9 Cannabis Price Performance
The firm has a 50 day simple moving average of C$0.03 and a two-hundred day simple moving average of C$0.03. The company has a quick ratio of 0.14, a current ratio of 0.50 and a debt-to-equity ratio of 2,156.19. The stock has a market capitalization of C$5.21 million, a P/E ratio of -0.17 and a beta of 0.93.
About Delta 9 Cannabis
Delta 9 Cannabis Inc, together with its subsidiaries, operates as an integrated cannabis company. The company engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis products. Its products include dried cannabis flowers, pre-rolls, and dried sift cannabis, as well as oils, and extracted and derivative products.
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