Decibel Cannabis Company Inc. (CVE:DB – Get Free Report)’s stock price shot 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. 482,576 shares changed hands during trading, an increase of 95% from the average session volume of 247,590 shares. The stock had previously closed at C$0.09.
Decibel Cannabis Stock Up 11.1%
The firm has a market cap of C$57.69 million, a price-to-earnings ratio of 3.33 and a beta of 0.17. The company has a 50-day moving average price of C$0.10 and a 200 day moving average price of C$0.12.
About Decibel Cannabis
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.
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