Decibel Cannabis Company Inc. (CVE:DB – Free Report) – Analysts at Atb Cap Markets decreased their FY2024 earnings estimates for shares of Decibel Cannabis in a research note issued to investors on Wednesday, August 14th. Atb Cap Markets analyst F. Gomes now forecasts that the company will post earnings of $0.00 per share for the year, down from their prior estimate of $0.01. The consensus estimate for Decibel Cannabis’ current full-year earnings is $0.01 per share. Atb Cap Markets also issued estimates for Decibel Cannabis’ FY2025 earnings at $0.01 EPS.
Decibel Cannabis (CVE:DB – Get Free Report) last issued its quarterly earnings data on Wednesday, May 29th. The company reported C($0.01) earnings per share (EPS) for the quarter. Decibel Cannabis had a negative return on equity of 2.30% and a negative net margin of 4.05%. The firm had revenue of C$20.95 million during the quarter, compared to analysts’ expectations of C$23.60 million.
Read Our Latest Stock Analysis on DB
Decibel Cannabis Trading Up 9.1 %
CVE:DB opened at C$0.06 on Monday. The company has a market cap of C$24.54 million, a PE ratio of -6.00 and a beta of 1.06. Decibel Cannabis has a twelve month low of C$0.04 and a twelve month high of C$0.19. The company’s 50 day moving average is C$0.06 and its two-hundred day moving average is C$0.10.
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.
Featured Stories
- Five stocks we like better than Decibel Cannabis
- Low PE Growth Stocks: Unlocking Investment Opportunities
- This Small Cap Wealth Management Stock Could Provide Big Returns
- Following Congress Stock Trades
- Bumble’s Valuation Hits an All-Time Low, Can Its Fortunes Change?
- What is Insider Trading? What You Can Learn from Insider Trading
- MarketBeat Week in Review – 8/12 – 8/16
Receive News & Ratings for Decibel Cannabis Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Decibel Cannabis and related companies with MarketBeat.com's FREE daily email newsletter.