TILT Holdings Inc. (OTCMKTS:TLLTF) fell 3.8% during trading on Wednesday . The company traded as low as $0.50 and last traded at $0.50. 293,741 shares were traded during mid-day trading, a decline of 70% from the average session volume of 987,179 shares. The stock had previously closed at $0.52.
Several analysts have recently weighed in on the stock. Alliance Global Partners restated a “buy” rating and set a $1.25 price target on shares of TILT in a report on Friday, February 19th. Canaccord Genuity lifted their target price on TILT to $1.25 and gave the company a “buy” rating in a report on Friday, February 19th.
The firm’s fifty day simple moving average is $0.56 and its 200 day simple moving average is $0.41.
TILT Holdings Inc, a vertically-integrated technology and infrastructure company, provides various products and services across the cannabis industry in the United States, Canada, and Europe. It operates through five segments: Cannabis, Technology and Infrastructure, Distribution, Accessories, and Other.
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