Slang Worldwide (OTCMKTS:SLGWF) Trading Down 8.3%

Slang Worldwide Inc (OTCMKTS:SLGWF)’s stock price dropped 8.3% on Wednesday . The company traded as low as $0.31 and last traded at $0.32, approximately 151,221 shares were traded 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 subject of a number of research analyst reports. M Partners set a $2.00 price target on shares of Slang Worldwide and gave the stock a “buy” rating in a research note on Monday, October 21st. Clarus Securities reaffirmed a “buy” rating and issued a $1.25 price target on shares of Slang Worldwide in a research note on Tuesday, October 15th.

The business’s 50 day moving average price is $0.37 and its two-hundred day moving average price 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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