Shares of Decibel Cannabis Company Inc. (CVE:DB – Get Free Report) were up 11.1% on Friday . The company traded as high as C$0.10 and last traded at C$0.10. Approximately 102,279 shares were traded during trading, a decline of 52% from the average daily volume of 214,720 shares. The stock had previously closed at C$0.09.
Decibel Cannabis Price Performance
The stock has a market capitalization of C$57.69 million, a P/E ratio of 3.33 and a beta of 0.60. The stock’s 50-day simple moving average is C$0.11 and its 200 day simple moving average is 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, 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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