Shares of Unrivaled Brands, Inc. (OTCMKTS:UNRV – Get Free Report) were up 19.3% on Wednesday . The company traded as high as $0.31 and last traded at $0.31. Approximately 10,259 shares changed hands during trading, a decline of 99% from the average daily volume of 1,751,778 shares. The stock had previously closed at $0.26.
Unrivaled Brands Trading Up 19.3%
The business has a 50-day moving average of $0.24 and a two-hundred day moving average of $0.40. The firm has a market cap of $240.25 million, a P/E ratio of 31.03 and a beta of 2.70.
About Unrivaled Brands
Unrivaled Brands, Inc (OTCMKTS:UNRV) is a U.S.-based holding company focused on the acquisition, development and distribution of branded consumer packaged goods. Through its subsidiaries, the company identifies emerging products in categories such as beverage alcohol, beauty and personal care, wellness and other niche lifestyle segments. By leveraging strategic licensing agreements and targeted acquisitions, Unrivaled Brands seeks to build a diversified portfolio that can compete across multiple retail and direct-to-consumer channels.
The company’s core activities include brand incubation, marketing support and the establishment of distribution networks with national and regional retailers, e-commerce platforms and specialty stores.
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