ICC Labs (CVE:ICC) Stock Price Down 5.8% – Here’s What Happened

ICC Labs Inc. (CVE:ICC)’s share price was down 5.8% on Wednesday . The stock traded as low as C$1.61 and last traded at C$1.62. Approximately 646,156 shares were traded during trading, a decline of 19% from the average daily volume of 799,310 shares. The stock had previously closed at C$1.72.

ICC Labs Stock Down 5.8%

The firm has a 50 day moving average of C$1.62 and a 200-day moving average of C$1.62. The company has a market cap of C$223.63 million and a P/E ratio of 95.29.

About ICC Labs

ICC Labs Inc, through its subsidiaries, produces and sells cannabis in Uruguay. It offers recreational cannabis, medicinal cannabis, cannabinoid extracts, and by-products for medicinal, recreational, and industrial use, as well as industrial hemp. The company is headquartered in Vancouver, Canada.