Smart for Life, Inc. (NASDAQ:SMFL) shares are volatile Thursday, and the stock is up nearly 200%. Here’s a look at what’s going on:
What To Know:
Shares of SMFL are moving on extremely heavy trading volume Thursday, despite a lack of company-specific news.
According to data from Benzinga Pro, nearly 20 million shares have been traded in the session, compared to the stock’s 100-day average volume of less than 63 thousand shares.
Smart for Life, Inc. generates revenue by manufacturing and packaging nutraceutical products as a contract manufacturer of a broad spectrum of nutritional and related products with an emphasis on health and wellness.
According to data from Benzinga Pro, shares of TCKR are trading well above the stock’s 50-day moving average of $2.09.
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SMFL Price Action: According to Benzinga Pro, Smart for Life shares are up down by 192% at $4.49 at the time of publication.
Image: Arek Socha from Pixabay
