Decibel Cannabis (CVE:DB) Stock Price Up 6.7% – What’s Next?

Decibel Cannabis Company Inc. (CVE:DBGet Free Report) shares were up 6.7% on Wednesday . The stock traded as high as C$0.08 and last traded at C$0.08. Approximately 247,000 shares were traded during mid-day 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 stock has a market cap of C$32.72 million, a PE ratio of -8.00 and a beta of 1.03. The stock has a 50-day simple moving average of C$0.07 and a 200-day simple moving average of C$0.06.

Decibel Cannabis Company Profile

(Get Free Report)

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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