Decibel Cannabis Company Inc. (CVE:DB – Get Free Report) dropped 15.4% during trading on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.11. Approximately 567,106 shares changed hands during trading, an increase of 101% from the average daily volume of 282,731 shares. The stock had previously closed at C$0.13.
Decibel Cannabis Stock Down 11.5%
The stock’s 50 day moving average price is C$0.13 and its two-hundred day moving average price is C$0.10. The stock has a market cap of C$66.34 million, a price-to-earnings ratio of 3.83 and a beta of 0.99.
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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