Valens (OTCMKTS:VLNCF) Shares Down 7.9%

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

Valens Price Performance

The firm’s fifty day simple moving average is $0.94 and its 200-day simple moving average is $0.85.

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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