Delta 9 Cannabis Inc. (TSE:DN – Get Free Report)’s stock price traded up 25% on Thursday . The company traded as high as C$0.06 and last traded at C$0.05. 2,136,096 shares changed hands during mid-day trading, an increase of 232% from the average session volume of 643,727 shares. The stock had previously closed at C$0.04.
Delta 9 Cannabis Stock Up 62.5 %
The stock’s fifty day moving average is C$0.02 and its two-hundred day moving average is C$0.03. The company has a current ratio of 0.50, a quick ratio of 0.14 and a debt-to-equity ratio of 2,156.19. The company has a market capitalization of C$13.54 million, a PE ratio of -0.27 and a beta of 0.93.
About Delta 9 Cannabis
Delta 9 Cannabis Inc, together with its subsidiaries, operates as an integrated cannabis company. The company engages in the cultivation, processing, extraction, wholesale distribution, retail, and sale of medical and recreational cannabis products. Its products include dried cannabis flowers, pre-rolls, and dried sift cannabis, as well as oils, and extracted and derivative products.
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