Unrivaled Brands (OTCMKTS:UNRV) Trading 20.9% Higher – Time to Buy?
by Sarita Garza · The Markets DailyUnrivaled Brands, Inc. (OTCMKTS:UNRV – Get Free Report) shares shot up 20.9% on Friday . The stock traded as high as $0.22 and last traded at $0.22. 1,803 shares changed hands during mid-day trading, a decline of 100% from the average session volume of 1,751,778 shares. The stock had previously closed at $0.1820.
Unrivaled Brands Stock Up 20.9%
The stock has a market cap of $170.50 million, a P/E ratio of 22.02 and a beta of 2.70. The business’s 50-day simple moving average is $0.20 and its two-hundred day simple moving average is $0.25.
Unrivaled Brands Company Profile
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.