Delta 9 Cannabis Inc (CVE:NINE – Get Free Report) rose 3% during trading on Friday . The stock traded as high as C$1.13 and last traded at C$1.03. Approximately 68,728 shares were traded 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 Up 3.0 %
The firm has a market capitalization of C$89.36 million and a P/E ratio of 19.07. The firm’s 50 day moving average is C$1.03 and its two-hundred day moving average is C$1.03. The company has a debt-to-equity ratio of 33.00, a current ratio of 4.44 and a quick ratio of 2.04.
Insider Buying and Selling at Delta 9 Cannabis
In other news, Director John William (John) Arbuthnot Iv sold 1,750,000 shares of the business’s stock in a transaction dated Wednesday, May 22nd. The shares were sold at an average price of C$0.02, for a total transaction of C$35,000.00.
Delta 9 Cannabis Company Profile
(Get Free Report)
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
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.
Be the first to comment