Decibel Cannabis (CVE:DB) Given a C$0.10 Price Target by TD Securities Analysts

TD Securities set a C$0.10 price objective on Decibel Cannabis (CVE:DB) in a research report sent to investors on Tuesday,BayStreet.CA reports. The firm currently has a hold rating on the stock.

Decibel Cannabis Price Performance

Shares of DB stock opened at C$0.10 on Tuesday. The stock has a market cap of C$57.69 million, a P/E ratio of 3.33 and a beta of 0.17. Decibel Cannabis has a one year low of C$0.05 and a one year high of C$0.15. The stock has a fifty day moving average price of C$0.10 and a 200 day moving average price of C$0.12.

About Decibel Cannabis

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. In addition, the company engages in the cannabis retail business through operating operational retail locations in Saskatchewan, as well as an e-commerce cannabis platform throughout the Province of Saskatchewan; and operational retail locations in Alberta.