Delta 9 Cannabis Inc (CVE:NINE – Get Free Report)’s stock price shot up 3% during mid-day trading on Tuesday . 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 Price Performance
The company has a debt-to-equity ratio of 33.00, a current ratio of 4.44 and a quick ratio of 2.04. The stock has a 50 day moving average price of C$1.03 and a 200-day moving average price of C$1.03. The stock has a market capitalization of C$89.36 million and a price-to-earnings ratio of 19.07.
Delta 9 Cannabis Company Profile
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.
Featured Stories
- Five stocks we like better than Delta 9 Cannabis
- How to Invest in the FAANG Stocks
- Why Meta’s Pre-Earnings Dip Could Be A Golden Entry Opportunity
- What Do S&P 500 Stocks Tell Investors About the Market?
- Spirit Airlines Stock Nearly Doubled: Are Clear Skies Ahead?
- What is a Low P/E Ratio and What Does it Tell Investors?
- Tesla Stock: Buy the Dips, Sell the Rips
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.