Delta 9 Cannabis Inc. (TSE:DN – Get Free Report) shares dropped 10% on Tuesday . The stock traded as low as C$0.05 and last traded at C$0.05. Approximately 983,145 shares were traded during mid-day trading, an increase of 70% from the average daily volume of 578,837 shares. The stock had previously closed at C$0.05.
Delta 9 Cannabis Stock Performance
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 cap of C$8.33 million, a PE ratio of -0.27 and a beta of 0.93. The firm has a fifty day moving average of C$0.02 and a two-hundred day moving average of C$0.03.
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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