Akanda (NASDAQ:AKAN – Get Free Report) issued its quarterly earnings data on Tuesday. The company reported ($317.90) EPS for the quarter, FiscalAI reports.
Akanda Stock Up 0.4%
Akanda stock opened at $13.81 on Thursday. Akanda has a 1-year low of $2.30 and a 1-year high of $209.02. The company has a fifty day simple moving average of $15.37 and a 200 day simple moving average of $11.49.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the stock. Wall Street Zen raised shares of Akanda to a “sell” rating in a research report on Saturday, May 30th. Weiss Ratings downgraded shares of Akanda from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, May 18th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.
About Akanda
Akanda Corp., through its subsidiaries, engages in the cultivation, manufacture, and distribution of cannabis products to patients worldwide. It offers medicinal-grade cannabis and cannabis based medical and wellness products. The company was incorporated in 2021 and is headquartered in New Romney, the United Kingdom.
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