Unrivaled Brands, Inc. (OTCMKTS:UNRV – Get Free Report) crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $0.19 and traded as high as $0.1990. Unrivaled Brands shares last traded at $0.1990, with a volume of 5,677 shares changing hands.
Unrivaled Brands Stock Up 26.8%
The company’s fifty day simple moving average is $0.19 and its two-hundred day simple moving average is $0.24. The company has a market capitalization of $154.22 million, a price-to-earnings ratio of 19.92 and a beta of 2.70.
Unrivaled Brands Company Profile
Unrivaled Brands, Inc is a cannabis company formerly known as Terra Tech Corp. The company focused on developing a vertically integrated cannabis business, including cultivation, manufacturing, branded products and retail dispensary operations.
Its retail and product activities were primarily associated with the California cannabis market, where it operated dispensaries and sold cannabis flower, concentrates and other related products under brands including Blüm and Unrivaled. The company also pursued expansion through acquisitions and partnerships within the regulated cannabis industry.
Unrivaled Brands was led historically by Frank Knuettel II as chief executive officer, although the company’s operating status and leadership may have changed.
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