New Age Brands (OTCMKTS:NWGFF) Shares Up 490.2% – Here’s What Happened

New Age Brands Inc (OTCMKTS:NWGFFGet Free Report) shares shot up 490.2% on Tuesday . The company traded as high as $0.7720 and last traded at $0.7720. 3,002 shares changed hands during trading, a decline of 81% from the average session volume of 15,455 shares. The stock had previously closed at $0.1308.

New Age Brands Stock Performance

The firm’s 50 day moving average is $0.15 and its 200-day moving average is $0.11.

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.

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