Simply Better Brands (OTCMKTS:PKANF) Shares Down 0.7% – Here’s Why

Simply Better Brands Corp. (OTCMKTS:PKANFGet Free Report)’s share price dropped 0.7% during trading on Thursday . The company traded as low as $1.13 and last traded at $1.14. Approximately 42,588 shares changed hands during mid-day trading, an increase of 243% from the average daily volume of 12,422 shares. The stock had previously closed at $1.1480.

Simply Better Brands Stock Performance

The business has a fifty day moving average price of $0.80 and a 200-day moving average price of $0.68.

About Simply Better Brands

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Simply Better Brands Inc is a Canada-based beverage alcohol holding and distribution company, traded on the OTC Markets under the symbol PKANF. The company specializes in the acquisition, development and commercialization of small- to mid-sized brands in the wine, spirits and ready-to-drink cocktail categories. Through its subsidiaries, it provides strategic support in brand building, marketing and operational management to its portfolio companies.

In addition to brand acquisition and development, Simply Better Brands operates a national distribution network that supplies a diverse portfolio of products to liquor boards, retail chains and independent outlets across Canada.

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