Decibel Cannabis Company Inc. (CVE:DB – Get Free Report) shares were down 7.7% during mid-day trading on Monday . The company traded as low as C$0.11 and last traded at C$0.12. Approximately 277,718 shares traded hands during mid-day trading, an increase of 48% from the average daily volume of 187,255 shares. The stock had previously closed at C$0.13.
Decibel Cannabis Price Performance
The company has a market capitalization of C$44.99 million, a price-to-earnings ratio of -13.00 and a beta of 1.04. The company has a 50 day simple moving average of C$0.12.
Decibel Cannabis Company Profile
Decibel Cannabis Company Inc, an integrated cannabis company, engages in the cannabis cultivation, processing, and sale of cannabis flower products in Canada. It is also involved in the extraction, processing, and manufacturing vape cartridges and glass tube packaging for pre-rolls. In addition, the company engages in the cannabis retail business through operating operational retail locations in Saskatchewan, as well as an e-commerce cannabis platform throughout the Province of Saskatchewan; and operational retail locations in Alberta.
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