Cannabis and hemp product manufacturer Can B Corp has applied for listing on the Nasdaq. The stock currently trades on the Over-the-Counter Markets under the ticker symbol CANB. If the application is approved, it will trade on the Nasdaq under the same symbol.
Only you can make the decision on the time to leap... but here's some supporting information and analysis.
Over the last 12 months, Can B Corp's shares have ranged in value from as little as $0.012 up to $0.89. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Can B Corp's is 1.593. This would suggest that Can B Corp's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Historical closes compared with the last close of $0.034
| 1 week (2024-04-11) | 27.34% |
|---|---|
| 1 month (2024-03-18) | -58.02% |
| 3 months (2024-01-18) | 36.00% |
| 6 months (2023-10-18) | -51.43% |
| 1 year (2023-04-18) | -95.67% |
| 2 years (2022-04-17) | -99.38% |
| 3 years (2021-04-15) | -93.52% |
| 5 years (2019-04-17) | -29.17% |
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
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