Unrivaled Brands (OTCMKTS:UNRV) Shares Up 27.3% – Here’s Why

Shares of Unrivaled Brands, Inc. (OTCMKTS:UNRV) traded up 27.3% during trading on Friday . The stock traded as high as $0.2250 and last traded at $0.2250. 4,719 shares were traded during trading, a decline of 100% from the average session volume of 1,751,778 shares. The stock had previously closed at $0.1768.

Unrivaled Brands Stock Up 27.3%

The company has a market cap of $174.37 million, a PE ratio of 22.52 and a beta of 2.70. The stock’s 50 day simple moving average is $0.33 and its two-hundred day simple moving average is $0.54.

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.