Simply Better Brands (OTCMKTS:PKANF) Stock Price Up 0.9% – What’s Next?

Simply Better Brands Corp. (OTCMKTS:PKANFGet Free Report) shares shot up 0.9% on Friday . The company traded as high as $1.1590 and last traded at $1.15. 629,506 shares were traded during mid-day trading, an increase of 4,968% from the average session volume of 12,422 shares. The stock had previously closed at $1.14.

Simply Better Brands Stock Performance

The company’s 50-day moving average price is $0.98 and its 200 day moving average price is $0.74.

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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