Body and Mind (OTCMKTS:BMMJ) Stock Rallies Ahead of Q1 Virtual Investor Summit
In the past week, the Body and Mind (OTCMKTS:BMMJ) stock has been one of the more notable movers as it ended up clocking gains of as much as 5% during the period. In light of such gains, it may be a good idea for investors to consider taking a closer look at the Body and Mind stock.
Market Stats
On Monday, BMMJ stock ended increased by 1.45% to $0.2310 with more than 45.5K shares, compared to its average volume of 106K shares. The stock moved within a range of $0.2194 – 0.2310 after opening trading at $0.22.
Major Details
Yesterday, the company came into focus after it announced that that Michael Mills is going to be in attendance at the Q1 Virtual Investor Summit. Mills is actually the Chief Executive Officer of Body and Mind and he is going to be responsible for providing an operations update.
The updates that are going to be provided by Mills are going to include the integration of Michigan operations of the company, the rebrand of the dispensary at Long Beach and last but not the least, an overview of the cannabis industry.
It is clear to see that the update that is going to be provided by the company is going to be an important one for everyone present. The summit is going to take place from March 8 through to March 9 and is going to begin at 11 in the morning Eastern Time on March 8.
Traders Corner
BMMJ stock is trading below the 20-Day and 50-Day Moving averages of $0.24 and $0.27 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.36.
