PURA Bullish Resurgence Forms with PPS Pushing $0.07 Towards New $0.25 Analyst Target PPS
June 7, 2019 -- InvestorsHub NewsWire-- via www.nextbigticker.com -- Puration, Inc. (USOTC: PURA) is trading up today testing a $0.07 breakthrough on what AmericanBulls is calling a “Gullish Resurgence.”
“The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected.”
Yesterday, PURA announced the release of a Goldman Small Cap Research Report recommending PURA as a Speculative BUY with a $0.25 PPS Target. The report further went on to indicate a “potential to reach the $0.35 mark.” The report highlights growing sales, coming new products and an upcoming stock dividend.
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’s 52-week high is $0.25. PURA is a leading cannabis infused beverage company and the CBD beverage sector is heating up. For instance, Kona Gold Solutions (USOTC: KGKG) has seen a recent run up form under $0.07 to $0.14. Setting PURA ahead of other cannabis infused beverages is PURA having the sole license of Kali-Extracts (USOTC: KALY) US Patented Cannabis Extraction process for beverage production. PURA also has the sweetener of the coming dividend of Nouveau (USOTC: NOUV) stock. It looks like a good time to get in on PURA.
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