Shares of Decibel Cannabis Company Inc. (CVE:DB – Get Free Report) were down 12.5% during trading on Wednesday . The company traded as low as C$0.07 and last traded at C$0.07. Approximately 742,665 shares traded hands during mid-day trading, an increase of 174% from the average daily volume of 271,413 shares. The stock had previously closed at C$0.08.
Decibel Cannabis Trading Down 6.3 %
The stock’s 50 day moving average price is C$0.07 and its 200 day moving average price is C$0.07. The firm has a market cap of C$30.68 million, a PE ratio of -7.50 and a beta of 1.03.
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.
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