PURA Lining Up For Run From $0.07 To $0.25 On Technical Breakout With Bullish MACD Cross Pushing 200 Day MA

Date : 06/10/2019 @ 5:12PM
Source :InvestorsHub NewsWire
Stock : Medical Marijuana, Inc. (PC) (MJNA)
Quote : 0.0365  -0.00105 (-2.80%) @ 9:30PM

PURA Lining Up For Run From $0.07 To $0.25 On Technical Breakout With Bullish MACD Cross Pushing 200 Day MA

June 10, 2019 -- InvestorsHub NewsWire -- via NextBigTicker.com

Puration, Inc. (USOTC: PURA) is on the verge of a PPS breakout.  As of the writing of this feature, PURA is trading just under its 50-day moving average at $0.075 with the next technical milestone, the 200 day moving average at $0.079.  The PPS is up today after AmericanBulls (AmericanBulls.com/PURA) recommended PURA as a BUY after the trading session close on Friday.  Last week on Thursday, June 6th, 2019, PURA was rated a Speculative BUY with a $0.25 PPS Target in a Goldman Small Cap Research Report.  The Goldman Report went on to add that the PURA PPS could reach as high as $0.35.  PURA’s 52-week high is $0.25 and with the CBD sector heating up in the stock market, it looks like PURA could be heading back to its 52-week high, if not beyond.


PURA also recently announced a new East Coast Distributor for its EVERx CBD Sports Water:

“PURA currently has over $1 million in annualized revenue primarily from the sales of its EVERx CBD Sports Water. Sales of EVERx today come primarily from the South and South West United States. PURA has announced a 2019 $4 million revenue target. The distribution agreement announced today is PURA’s first major distribution agreement for the East Coast and it is anticipated to have EVERx on shelves from Florida to Maine.” 

PURA is a leading opportunity in the CBD sector that is now heating up.  The news is full today with CBD investment opportunities.  Vape Holdings, Inc. (VAPE) has CBD news out today as does Medical Marijuana, Inc. (MJNA).  Kona Gold Solutions (KGKG) has seen a recent run up form under $0.07 to $0.14 on cannabis beverage news.

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Disclaimer/Safe Harbor:

This news release contains forward-looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company's current views with respect to future events that involve risks and uncertainties. Among others, these risks include the expectation that any of the companies mentioned herein will achieve significant sales, the failure to meet schedule or performance requirements of the companies' contracts, the companies' liquidity position, the companies' ability to obtain new contracts, the emergence of competitors with greater financial resources and the impact of competitive pricing. In the light of these uncertainties, the forward-looking events referred to in this release might not occur.

Source: www.nextbigticker.com

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