Healthy Choice Wellness’ (NYSEAMERICAN:HCWC – Get Free Report) lock-up period will end on Monday, March 17th. Healthy Choice Wellness had issued 400,000 shares in its public offering on September 16th. The total size of the offering was $4,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.
Wall Street Analysts Forecast Growth
Separately, Maxim Group began coverage on Healthy Choice Wellness in a research note on Friday, March 7th. They set a “buy” rating and a $2.00 price target on the stock.
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Healthy Choice Wellness Price Performance
About Healthy Choice Wellness
Healthy Choice Wellness Corp. is a holding company focused on providing consumers with healthier daily choices with respect to nutrition and other lifestyle alternatives. Through its wholly owned subsidiaries, the Company operates: . Ada’s Natural Market, a natural and organic grocery store offering fresh produce, bulk foods, vitamins and supplements, packaged groceries, meat and seafood, deli, baked goods, dairy products, frozen foods, health & beauty products and natural household items (www.Adasmarket.com).
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