Paranovus Entertainment Technology Ltd. sees stock price increase of 0.8% amid decrease in trading volume

Paranovus Entertainment Technology (NASDAQ: PAVS) Sees a 0.8% Increase in Trading

Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS – Get Free Report) experienced a 0.8% increase in its stock during mid-day trading on Tuesday, reaching a high of $0.90 and closing at $0.89. A total of 1,453 shares exchanged hands during the session, which was a 76% decrease from the average daily volume of 5,959 shares.

The company’s stock price performance shows a 50-day moving average of $1.36 and a 200-day moving average of $2.00.

Paranovus Entertainment Technology Ltd. is involved in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in China and internationally. Their product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids.

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