Unrivaled Brands (OTCMKTS:UNRV) Stock Price Down 3% – Here’s What Happened

Unrivaled Brands, Inc. (OTCMKTS:UNRV)’s stock price was down 3% on Thursday . The stock traded as low as $0.3881 and last traded at $0.3881. Approximately 13,892 shares changed hands during trading, a decline of 99% from the average daily volume of 1,751,778 shares. The stock had previously closed at $0.40.

Unrivaled Brands Stock Performance

The business’s fifty day moving average is $0.58 and its 200-day moving average is $0.63. The firm has a market cap of $241.80 million, a P/E ratio of 31.23 and a beta of 2.70.

Unrivaled Brands Company Profile

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.