Shares of Decibel Cannabis Company Inc. (CVE:DB – Get Free Report) were up 11.1% during mid-day trading on Tuesday . The stock traded as high as C$0.10 and last traded at C$0.10. Approximately 482,576 shares traded hands during trading, an increase of 95% from the average daily volume of 247,590 shares. The stock had previously closed at C$0.09.
Decibel Cannabis Stock Up 11.1%
The firm’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.12. The stock has a market capitalization of C$57.69 million, a P/E ratio of 3.33 and a beta of 0.17.
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, cannabis infused products, cannabis extracts, 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.
Read More
- Five stocks we like better than Decibel Cannabis
- BNZI: Triple-Digit Growth, Zacks Approved!
- HCTI: Under the Radar and Building an AI Healthcare Empire
- They’ve Built Major Gold Stories Before – And They’re Doing It Again
- Nvidia CEO Issues Bold Tesla Call
- How to collect $500-$800 weekly (BlackRock’s system)
Receive News & Ratings for Decibel Cannabis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Decibel Cannabis and related companies with MarketBeat.com's FREE daily email newsletter.
