3 Nano Cap Stocks to Track: Lannett Company Inc. (LCI), BlueFire Equipment Corporation (BLFR), Emerson Radio Corp. (MSN)

Lannett Company Inc. (LCI) saw an uptrend of 2.13% in recent trading with $0.48 being its most recent. The current price level is -85.59% lower than the highest price of $3.33 marked by the stock while trading over the past 52 weeks, whereas it is 11.63% higher than the lowest price of $0.43 the company dropped to over the past 52 weeks.

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Squeezing the time span to a 30-day period shows us the stock is currently trading -24.88% below one month high and +11.63% above the lowest during that time. Looking into the simple moving average, Lannett Company Inc. (LCI)’s stock stands at an SMA-50 of $0.5475 while that of 5-day is reading $0.5120.

BlueFire Equipment Corporation (BLFR)

BlueFire Equipment Corporation (BLFR) saw an uptrend of 36.66% in recent trading with $0.0630 being its most recent. The current price level is -47.50% lower than the highest price of $0.1200 marked by the stock while trading over the past 52 weeks, whereas it is 1,160.00% higher than the lowest price of $0.0050 the company dropped to over the past 52 weeks.

Squeezing the time span to a 30-day period shows us the stock is currently trading – 13.58% below one month high and +56.72% above the lowest during that time. Looking into the simple moving average, BLFR stock stands at an SMA-50 of $0.0346 while that of 5-day is reading $0.0563.

BlueFire Equipment, Corp. (BLFR) has formally initiated the process for a change of both its official business name and trade ticker symbol. As an acquisition company geared toward the agricultural sector, BlueFire recently acquired Miracle Farm LLC. This business merger was followed by a complete restructure and business shift to fully unlock value in the agricultural sector. As a result, BlueFire has opted to rebrand itself as Farmies Inc. which will trade under the ticker, MIES.  This name replacement, according to CEO Nickolas Tabraue, reflects the shift in the corporate and strategic vision of the company.

BlueFire’s top management remains highly optimistic in terms of its directional shift, with high anticipation of forward-looking growth. The company seeks to position itself in a manner that will enable it to fully tap into the opportunities that are prevalent in farming and agriculture.

Emerson Radio Corp. (MSN)

Emerson Radio Corp. (MSN) saw an uptrend of 0.32% in recent trading with $0.59 being its most recent. The current price level is -60.14% lower than the highest price of $1.48 marked by the stock while trading over the past 52 weeks, whereas it is 3.51% higher than the lowest price of $0.57 the company dropped to over the past 52 weeks.

Squeezing the time span to a 30-day period shows us the stock is currently trading -18.54% below one month high and is +1.90% above the lowest during that time. Looking into the simple moving average, Emerson Radio Corp. (MSN)’s stock stands at an SMA-50 of $0.6576 while that of 5-day is reading $0.6196.