Simply Better Brands (OTCMKTS:PKANF) Trading 0.8% Higher – Here’s Why

Simply Better Brands Corp. (OTCMKTS:PKANF) shot up 0.8% during trading on Wednesday . The company traded as high as $1.20 and last traded at $1.20. 755 shares changed hands during trading, a decline of 94% from the average session volume of 12,422 shares. The stock had previously closed at $1.19.

Simply Better Brands Price Performance

The stock’s 50-day simple moving average is $1.19 and its two-hundred day simple moving average is $0.95.

About Simply Better Brands

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.