Decibel Cannabis Company Inc. (CVE:DB – Get Free Report) was up 6.7% on Wednesday . The company traded as high as C$0.08 and last traded at C$0.08. Approximately 247,000 shares traded hands during trading, an increase of 322% from the average daily 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 two-hundred day simple moving average is C$0.06. The stock has a market cap of C$30.68 million, a P/E ratio of -7.50 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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