Akanda Corp. Common Shares AKAN

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-$0.05 (-3.03%)Past DayToday's Volume:
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Relative Strength Index (RSI)

- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.

- The RSI is calculated using the following formula:

RSI = 100 - (100 / (1 + RS))

Where RS is the ratio of the average gains to the average losses over a specified period.

- The default time period used is 14 days.

- RSI values range between 0 and 100.

RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)

RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)

RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.

About

Business overview of Akanda Corp. Common Shares (AKAN)
Akanda Corp is a cannabis cultivation, manufacturing, and distribution company. The Company has three reportable segments: Cultivation, Distribution, and Corporate. Cultivating activities comprise the cultivation segment made up of the medical cannabis cultivation operations at RPK/Holigen in Portugal, and medical cannabis cultivation activities. Distributing activities relate to the distribution of medical cannabis by Canmart Ltd in the United Kingdom. Corporate activities entail head office costs and other general corporate expenses related to the administration of the broader group.

Key Insights

Critical company metrics and information
  • Latest Closing Price

    $1.6
  • Market Cap

    $2.28 Million
  • Total Outstanding Shares

    2.05 Million Shares
  • Total Employees

    5
  • Dividend

    No dividend
  • IPO Date

    March 15, 2022
  • Primary Exchange

    NASDAQ
  • Type

    Common Stock
  • Homepage

    https://www.akandacorp.com

Historical Stock Splits

If you bought 800 shares of AKAN before March 9, 2023, you'd have 1 share today.
Execution DateSplit Amount
November 14, 20241-for-2 (Reverse Split)
May 23, 20241-for-40 (Reverse Split)
March 9, 20231-for-10 (Reverse Split)

Historical Dividends

Announcement DatePayment DateRecord DateAmountFrequency
No historical dividends

Recent Headlines From The Web

Latest news, press releases, and media coverage about AKAN from trusted financial sources