With a skid of 3.03%, Naturally Splendid Enterprises Ltd. (CDX:NSP:CA) was one of the worst performing stocks amongst TSX Venture Exchange consumer goods companies on February 16. After closing the previous session at $0.33, shares of NSP:CA opened this morning at $0.32 and closed the day at $0.32. Throughout the day, about 269,506 shares changed hands, compared to an average 30-day volume of 124,024 for Naturally Splendid Enterprises Ltd.. Shares moved as high as $0.33 and as low as $0.315 in today’s trading action.
The share depreciation gives the company a market capitalization of $24.55 million based upon 74.4 million shares outstanding.
In the past 52 weeks, shares of Naturally Splendid Enterprises Ltd. have traded as low as $0.235 and as high as $0.6. Technical traders will take note that at $0.32, shares of NSP:CA are trading below their 50-day moving average (MA) at $0.329 and above their 200-day MA at above $0.318. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath or holding under them is typically regarded as bearish.
Who is $Naturally Sp?
Naturally Splendid Enterprises Ltd is a multifaceted bio-tech company. The Company provides food supplements packaged for distribution through grocery stores, health and nutrition stores, and other outlets where consumers purchase health-related products. The company is led by its CEO David Eto from its headquarters at 1166 Alberni Street.
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About the TSX Venture Exchange
Owned and operated by the TMX Group, the TSX Venture Exchange is a public venture capital marketplace for emerging companies. It is headquartered in Calgary, Alberta, Canada with offices in Toronto, Vancouver and Montreal. All trading on the exchange is done electronically. Originally established in 1999, the “Venture,” as it is often shortened, was previously known as the Canadian Venture Exchange, but renamed in 2001 subsequent to the TSX Group (now known as the TMX Group) purchasing it.
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