Shares of Decibel Cannabis Company Inc. (CVE:DB – Get Free Report) traded up 6.7% during mid-day trading on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. 247,000 shares were traded during trading, an increase of 322% from the average session volume of 58,571 shares. The stock had previously closed at C$0.08.
Decibel Cannabis Price Performance
The business’s 50-day simple moving average is C$0.07 and its 200-day simple moving average is C$0.06. The company has a market cap of C$32.72 million, a price-to-earnings ratio of -8.00 and a beta of 1.03.
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.
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