ICC Labs (CVE:ICC) Shares Down 5.8% – Here’s What Happened

ICC Labs Inc. (CVE:ICCGet Free Report)’s share price dropped 5.8% during mid-day trading on Monday . The company traded as low as C$1.60 and last traded at C$1.62. Approximately 646,156 shares changed hands during trading, a decline of 19% from the average daily volume of 799,310 shares. The stock had previously closed at C$1.72.

ICC Labs Trading Down 5.8%

The firm’s 50-day simple moving average is C$1.62 and its 200 day simple moving average is C$1.62. The stock has a market cap of C$223.63 million and a P/E ratio of 95.29.

About ICC Labs

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ICC Labs Inc, through its subsidiaries, produces and sells cannabis in Uruguay. It offers recreational cannabis, medicinal cannabis, cannabinoid extracts, and by-products for medicinal, recreational, and industrial use, as well as industrial hemp. The company is headquartered in Vancouver, Canada.

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