CV Sciences (OTCMKTS:CVSI) Shares Pass Below 50 Day Moving Average – Here’s Why

CV Sciences, Inc. (OTCMKTS:CVSIGet Free Report)’s share price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $0.02 and traded as low as $0.0181. CV Sciences shares last traded at $0.0190, with a volume of 21,959 shares.

CV Sciences Stock Down 6.6%

The company has a fifty day moving average of $0.02 and a 200 day moving average of $0.03.

CV Sciences Company Profile

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CV Sciences, Inc is a developer, manufacturer and marketer of hemp-derived products, with a focus on cannabidiol (CBD) formulations for both consumer and industrial applications. The company’s consumer segment offers a range of dietary supplements, topical creams, personal care items and pet products under its flagship PlusCBD™ Oil brand, while its industrial segment provides hemp-derived ingredients for use in wellness, pharmaceutical and cosmetic formulations.

Headquartered in San Diego, California, CV Sciences operates a manufacturing facility in El Cajon that oversees cultivation partnerships, extraction, refinement and product formulation.

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