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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