Delta 9 Cannabis Inc (CVE:NINE – Get Free Report)’s share price rose 3% on Thursday . The stock traded as high as C$1.13 and last traded at C$1.03. Approximately 68,728 shares traded hands during mid-day trading, a decline of 41% from the average daily volume of 117,300 shares. The stock had previously closed at C$1.00.
Delta 9 Cannabis Stock 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 firm has a market cap of C$89.36 million and a price-to-earnings ratio of 19.07. The company has a fifty day moving average price of C$1.03 and a two-hundred day moving average price of C$1.03.
About Delta 9 Cannabis
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.
Recommended Stories
- Five stocks we like better than Delta 9 Cannabis
- ETF Screener: Uses and Step-by-Step Guide
- Comprehensive PepsiCo Stock Analysis
- Russell 2000 Index, How Investors Use it For Profitable Trading
- CSX Co.: The Railroad Powering Ahead with an Earnings Beat
- What is an Earnings Surprise?
- 3 Steel Stocks Could Soar on New China Tariffs
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.
