Shares of TILT Holdings Inc. (OTCMKTS:TLLTF) traded down 3.8% on Wednesday . The stock traded as low as $0.50 and last traded at $0.50. 293,741 shares changed hands during mid-day trading, a decline of 70% from the average session volume of 987,179 shares. The stock had previously closed at $0.52.
Several research analysts have recently weighed in on the stock. Alliance Global Partners restated a “buy” rating and issued a $1.25 target price on shares of TILT in a research note on Friday, February 19th. Canaccord Genuity increased their price objective on shares of TILT to $1.25 and gave the company a “buy” rating in a research note on Friday, February 19th.
The stock’s 50 day simple moving average is $0.56 and its 200 day simple moving average is $0.41.
TILT Holdings Inc, a vertically-integrated technology and infrastructure company, provides various products and services across the cannabis industry in the United States, Canada, and Europe. It operates through five segments: Cannabis, Technology and Infrastructure, Distribution, Accessories, and Other.
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