Canaccord Genuity Lowers WeCommerce (OTCMKTS:WECMF) Price Target to C$18.00

WeCommerce (OTCMKTS:WECMF) had its price objective decreased by stock analysts at Canaccord Genuity from C$20.00 to C$18.00 in a note issued to investors on Wednesday, The Fly reports. The brokerage presently has a “buy” rating on the stock.

WeCommerce stock opened at $9.70 on Wednesday. The stock’s 50 day simple moving average is $8.20 and its two-hundred day simple moving average is $9.29. WeCommerce has a fifty-two week low of $7.00 and a fifty-two week high of $24.00.

About WeCommerce

WeCommerce Holdings Ltd. is private equity and venture capital firm specializing in startups, and buyout. It operates as a holding company that owns a family of companies and brands in the Shopify partner ecosystem, including Pixel Union, Out of the Sandbox, Yopify, SuppleApps, Rehash, and Foursixty.

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