Valens (OTCMKTS:VLNCF) Stock Price Down 7.9% – Here’s What Happened

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

Valens Stock Performance

The firm has a fifty day moving average price of $1.41.

Valens Company Profile

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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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