Shares of Delta 9 Cannabis Inc (CVE:NINE – Get Free Report) shot up 3% during trading on Thursday . The company traded as high as C$1.13 and last traded at C$1.03. 68,728 shares were traded 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 Trading Up 3.0%
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’s fifty day moving average is C$1.03 and its two-hundred day moving average is C$1.03. The firm has a market cap of C$89.36 million and a P/E 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.
Read More
- Five stocks we like better than Delta 9 Cannabis
- How to Invest in Biotech Stocks
- Turbulence for Joby Shares: What’s Behind the Recent Dip?
- What Makes a Stock a Good Dividend Stock?
- Why Carnival Could Be the Ultimate Non-Tech Growth Stock
- Dividend Payout Ratio Calculator
- Super Micro Computer Stock Clears New Path Higher on Saudi Orders
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.
