Cresco Labs (OTCMKTS:CRLBF) Trading Up 1.3%
Cresco Labs Inc (OTCMKTS:CRLBF)’s stock price was up 1.3% during trading on Tuesday . The stock traded as high as $6.05 and last traded at $5.90, approximately 580,705 shares were traded during trading. A decline of 6% from the average daily volume of 620,276 shares. The stock had previously closed at $5.83.
Separately, Roth Capital assumed coverage on shares of Cresco Labs in a research report on Friday, December 20th. They issued a “buy” rating and a $12.00 price objective for the company.
The stock’s 50-day simple moving average is $5.86 and its 200-day simple moving average is $7.12.
Cresco Labs Inc cultivates, manufactures, and sells medical cannabis and medical cannabis products in the United States. It offers cannabis in flower, vape pens, and various forms of extracts under the cresco and Reserve brands; precisely-dosed and non-combustible products, including tinctures, capsules, salves, sublingual oils, and transdermal patches under the Remedi brand; culinary-backed and cannabis-infused edibles under the Mindy's Artisanal brand; and fruity confections under the Mindy's Kitchen brand.
Read More: Neutral Rating
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