Penny Stocks to Watch: Namaste Technologies

Penny Stocks to Watch

Penny Stocks to Watch: Namaste Technologies (TSXV:N) (OTCQB:NXTTF)

Namaste stock is trading down $0.16, or -5.19%, bringing the stock price to $2.92 currently on the Toronto Stock Venture Exchange. The stock price has hit a low of $2.58 and a high of $3.20. The Company’s trading volume is 11,504,056, with an average volume of 2.6 million. So far, there have been 8,027 stock trades. Namaste has a market cap of $819.89 million, with 281.75 million shares in issue. Namaste Technologies, a cannabis company, announced recently that its wholly-owned subsidiary Namaste Bahamas will be acquiring the UK-based AF Trading Ltd. This acquisition will give Namaste a place in the UK medical cannabis field with a 30,000 sq. ft. distribution facility, along with a UK distribution license for pharmaceutical products.

Penny Stocks to Watch: Namaste Technologies (TSXV:N) (OTCQB:NXTTF)

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