Delta 9 Cannabis Inc (CVE:NINE – Get Free Report)’s share price traded up 3% during mid-day trading on Wednesday . The company traded as high as C$1.13 and last traded at C$1.03. 68,728 shares changed hands during mid-day trading, a decline of 41% from the average session volume of 117,300 shares. The stock had previously closed at C$1.00.
Delta 9 Cannabis Stock Performance
The firm’s 50 day moving average is C$1.03 and its 200 day moving average is C$1.03. The company has a debt-to-equity ratio of 33.00, a quick ratio of 2.04 and a current ratio of 4.44. The stock 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.
Read More
- Five stocks we like better than Delta 9 Cannabis
- Stock Market Upgrades: What Are They?
- 3 Must-Have ETFs Set to Dominate This Quarter
- Stock Splits, Do They Really Impact Investors?
- Seeking Stability? These 3 Stocks Offer Strong Potential
- TSX Venture Exchange (Formerly Canadian Venture Exchange)
- Trade War Bargain Stocks: Top 3 Picks Too Good to Pass Up
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.
