Friday, September 30, 2016 6:58:23 PM
Jeremy Wilchek Market Movers 2 Views
Easton Pharms Inc (OTO:EAPH) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on September 30, gaining 29.41% to close the day at $0.0022 after opening the trading day at $0.0017. Today’s rise came with about 16.23 million shares changing hands, compared to an average of 30-day volume of 2.89 million for Easton Pharms Inc. Shares moved as high at $0.0022 and as low as $0.0016 in today’s action.
The share appreciation gives the company a market capitalization of $986,510 based upon 580.3 million shares outstanding.
In the past 52 weeks, shares of Easton Pharms Inc have traded as low as $0.0015 and as high as $0.0082. Technical traders will take note that at $0.0022, shares of EAPH are trading below their 50-day moving average (MA) at $0.003 and below their 200-day MA at $0.004. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them is typically regarded as bullish.
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