New Age Brands (OTCMKTS:NWGFF) Stock Price Down 8.8% – Time to Sell?

New Age Brands Inc (OTCMKTS:NWGFFGet Free Report) fell 8.8% on Wednesday . The stock traded as low as $0.73 and last traded at $0.73. 10,000 shares changed hands during mid-day trading, a decline of 35% from the average daily volume of 15,455 shares. The stock had previously closed at $0.80.

New Age Brands Trading Down 8.8%

The stock has a 50 day moving average of $1.50 and a 200-day moving average of $0.98.

About New Age Brands

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New Age Brands Inc (OTCMKTS: NWGFF) is a Canadian cannabis company engaged in the research, development, manufacturing and distribution of cannabis and hemp-based health and wellness products. The company is licensed by Health Canada to cultivate, process and sell dried cannabis flower, extracts, oils and vaporizer cartridges. New Age’s integrated operations include cultivation, extraction and product formulation, with a focus on delivering consistent, high-quality offerings for both recreational and medical markets.

Its product portfolio spans proprietary oil formulations, vaporizer cartridges, concentrates such as shatter and wax, and infused edibles.

Further Reading

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