The previous ended on a fairly strong note for investors in Wesana Health Holdings Inc (OTCMKTS:WSNAF) as the stock emerged as a major mover and ended the day with gains of as much as 12%. Considering the gains made by the stock this past Friday, it could be a good time for investors to take a closer look at it.
Trading Data
On Friday, WSNAF stock increased by 11.60% to $1.12 with more than 17k, compared to its average volume of 32K share. The stock has moved within a range of $1.0200 – 1.1704 after opening trade at $1.02.
Recent News
While there was no news about Wesana Health on Friday, the company did make a major announcement with regards to a commercial viability analysis back on December 14, 2021. The data powered life sciences firm announced that it received the analysis from the consulting giant Boston Consulting Group.
The analysis is going to help the company in validating and then expediting its partnerships Multidisciplinary Association for Psychedelic Studies (MAPS) and MAPS Public Benefit Corporation. The development was a significant one and could have far reaching consequences for Wesana Health.
The entities were going to go ahead with the signing of definitive agreements for the purpose of studying therapies which are assisted by MDMA. In light of such events, it may be a good time to add the stock to your watch lists and watch the price action closely.
