Slang Worldwide (OTCMKTS:SLGWF) Shares Down 8.3%

Slang Worldwide Inc (OTCMKTS:SLGWF)’s share price dropped 8.3% on Wednesday . The stock traded as low as $0.31 and last traded at $0.32, approximately 151,221 shares traded hands during mid-day trading. A decline of 27% from the average daily volume of 208,041 shares. The stock had previously closed at $0.35.

SLGWF has been the topic of several research reports. Clarus Securities reiterated a “buy” rating and issued a $1.25 price objective on shares of Slang Worldwide in a research note on Tuesday, October 15th. M Partners set a $2.00 price objective on shares of Slang Worldwide and gave the company a “buy” rating in a research note on Monday, October 21st.

The company’s 50 day simple moving average is $0.37 and its two-hundred day simple moving average is $0.81.

About Slang Worldwide (OTCMKTS:SLGWF)

SLANG Worldwide Inc supplies and distributes vaporizer products to wholesale distributors and online consumers in the United States, Canada, Europe, and Australasia. Its vaporizers service various cannabis formats, including flower, liquid oil, and solid extracts. The company also markets companion accessories for its vaporizers comprising carrying cases, exchangeable faceplates, charging stations, cleaning kits, and other items.

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