Decibel Cannabis Company Inc. (CVE:DB - Get Free Report)'s stock price traded up 13% during trading on Wednesday . The stock traded as high as C$0.13 and last traded at C$0.13. 693,983 shares were traded during trading, an increase of 162% from the average session volume of 264,713 shares. The stock had previously closed at C$0.12.
Decibel Cannabis Stock Performance
The stock's fifty day simple moving average is C$0.09 and its two-hundred day simple moving average is C$0.07. The stock has a market capitalization of C$51.13 million, a P/E ratio of -12.50 and a beta of 1.03.
Insiders Place Their Bets
In related news, Director Jakob Ripshtein purchased 361,000 shares of the firm's stock in a transaction dated Thursday, June 12th. The stock was bought at an average price of C$0.08 per share, with a total value of C$27,075.00. Also, Senior Officer Benjamin Sze acquired 596,000 shares of the business's stock in a transaction that occurred on Wednesday, June 11th. The stock was bought at an average cost of C$0.08 per share, for a total transaction of C$44,700.00. In the last quarter, insiders have bought 1,107,000 shares of company stock worth $82,275. 1.07% of the stock is owned by company insiders.
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.
See Also
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