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Unrivaled Brands (OTCMKTS:UNRV) Trading Up 11.8% - Here's Why

Unrivaled Brands logo with Medical background

Key Points

  • Unrivaled Brands, Inc. (OTCMKTS:UNRV) shares surged by 11.8%, reaching a last traded price of $0.64, despite experiencing a drastic drop in trading volume compared to average sessions.
  • The company has a market capitalization of $498.34 million and a price-to-earnings ratio of 64.37, indicating significant market interest.
  • Unrivaled Brands is involved in the cultivation, production, distribution, and retail of cannabis products across California, Oregon, and Nevada.
  • MarketBeat previews the top five stocks to own by October 1st.

Unrivaled Brands, Inc. (OTCMKTS:UNRV - Get Free Report) shares rose 11.8% during mid-day trading on Monday . The company traded as high as $0.64 and last traded at $0.64. Approximately 456 shares changed hands during mid-day trading, a decline of 100% from the average daily volume of 1,751,778 shares. The stock had previously closed at $0.58.

Unrivaled Brands Trading Down 0.9%

The stock has a market cap of $534.75 million, a price-to-earnings ratio of 69.07 and a beta of 2.70. The stock has a fifty day simple moving average of $0.66 and a 200-day simple moving average of $0.80.

About Unrivaled Brands

(Get Free Report)

Unrivaled Brands, Inc cultivates, produces, distributes, and retails medical and adult use cannabis products in California, Oregon, and Nevada. It also operates medical marijuana retail and adult use dispensaries, cultivation, and production facilities. The company was formerly known as Terra Tech Corp.

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