Delta 9 Cannabis Inc (CVE:NINE – Get Free Report)’s stock price rose 3% during mid-day trading on Thursday . The stock traded as high as C$1.13 and last traded at C$1.03. Approximately 68,728 shares were traded during trading, a decline of 41% from the average daily volume of 117,300 shares. The stock had previously closed at C$1.00.
Delta 9 Cannabis Stock Up 3.0 %
The company has a fifty day simple moving average of C$1.03 and a 200-day simple moving average of C$1.03. The company has a quick ratio of 2.04, a current ratio of 4.44 and a debt-to-equity ratio of 33.00. The firm has a market cap of C$89.36 million and a P/E ratio of 19.07.
About Delta 9 Cannabis
Delta 9 Cannabis Inc operates as an integrated cannabis company. The company, through its subsidiary, Delta 9 Bio-Tech Inc, engages in the production of medical marijuana. It primarily provides cannabis strains, as well as start-up materials and support services, including genetics (plants), grow pods, and consulting services to new and existing licensed producers.
Further Reading
- Five stocks we like better than Delta 9 Cannabis
- Election Stocks: How Elections Affect the Stock Market
- Everything About Amazon Stock Signals a Buy—Time to Load Up?
- The Risks of Owning Bonds
- 5 Reasons Five Below’s Stock Price Is Heading Higher This Year
- Why Are Stock Sectors Important to Successful Investing?
- Broadcom: Why the Chip Stock Remains a Top Long-Term AI Play
Receive News & Ratings for Delta 9 Cannabis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Delta 9 Cannabis and related companies with MarketBeat.com's FREE daily email newsletter.
