Valens (OTCMKTS:VLNCF) Trading Down 7.9% – Should You Sell?

The Valens Company Inc. (OTCMKTS:VLNCFGet Free Report) shares dropped 7.9% during mid-day trading on Monday . The stock traded as low as $1.38 and last traded at $1.41. Approximately 294,500 shares changed hands during trading, an increase of 7% from the average daily volume of 274,854 shares. The stock had previously closed at $1.53.

Valens Price Performance

The company’s 50-day moving average is $1.41.

About Valens

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The Valens Company Inc, engages in the development and manufacturing of cannabinoid based products. The company operates through Cannabis Operations and Analytical Testing segments. The Cannabis Operation segment provides extraction, post processing, and white label manufacturing under the standard processing and standard cultivation license issued by Health Canada.

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