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Surna Inc. (OTCMKTS:SRNA) Stock Moves Up Ahead of Earnings

Pete Matthews , , , ,

Surna Inc. (OTCMKTS:SRNA) was up 5% after announcing that it will host its Q3 2021 earnings conference call on Wednesday, November 10, 2021, from 14:15 hrs Mountain Time.

Market Stats

On Wednesday, SRNA stock rose 4.72% at $0.0500 with more than 227K shares, compared to its average volume of 352K shares. The stock has moved within a range of $0.0460 – 0.0500 after opening the trade at $0.0477.

What To Watch

Recently the company became a BVV Neocisio LED lights value-added reseller. Following the announcement, the company said it would work with BVV to create lighting layouts and properly integrate and deploy the LED growing lights-controlled environment facilities. The partnership is a significant addition to the company’s current product offerings to customers.

The company’s VP sales, Jon Kozlowski, said that Surna Cultivation Technologies has continued to identify proprietary services and products for curated offerings. It is delighted to announce the collaboration with BVV to be a value-added reseller of the premium LED grow lights. Kozlowski added that with the company able to offer the LED lighting products alongside its assortment of products, the company makes it easier for customers to build cultivation facilities vial a single source bringing the broad product offerings and deep experience. Investors should watch SRNA.

Traders Corner

SRNA stock is trading below the 20-Day and 50-Day Moving averages of $0.0530 and $0.0583 respectively. Moreover, the stock is trading below 200-Day moving average of $0.0749. The stock is down 35% in the past 3-month.

Pete Matthews

Pete attended the University of Colorado and still calls the centennial state home. He chases trout in the summer and snowboards in the winter. He is fascinated with the markets and has a strong interest in nanocap stocks and crypto currency.