Akanda (NASDAQ:AKAN) Trading Up 2.6% – Should You Buy?

Akanda Corp. (NASDAQ:AKANGet Free Report) shot up 2.6% during trading on Monday . The company traded as high as $1.57 and last traded at $1.57. 7,314 shares traded hands during trading, a decline of 98% from the average session volume of 361,299 shares. The stock had previously closed at $1.53.

Akanda Trading Up 2.6 %

The stock has a fifty day moving average of $1.62 and a two-hundred day moving average of $1.73.

About Akanda

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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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