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Home / Market Movers / Cannabis Stock Leader: Kaya Holdings Inc (KAYS) Surges 5.41% in Early Trading on June 3

Cannabis Stock Leader: Kaya Holdings Inc (KAYS) Surges 5.41% in Early Trading on June 3

Kaya Holdings Inc (KAYS) came out strong at the opening of trading on June 3, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an early advance of 5.41%. After closing the previous session at $0.07305, shares of KAYS opened this morning at $0.077 and are currently trading at $0.077. So far, about 6,500 shares have changed hands, compared to an average 30-day volume of 203,300 for Kaya Holdings Inc. Shares moved as high at $0.077 and as low as $0.077 in today’s early action.

The share appreciation gives the company a market capitalization of $7.34 million based upon 100.44 million shares outstanding.

In the past 52 weeks, shares of Kaya Holdings Inc have traded as low as $0.045 and as high as $0.15. Technical traders will take note that at $0.077, shares of KAYS are trading above their 50-day moving average (MA) at $0.068 and below their 200-day MA at below $0.08. 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.

Who is $KAYS?

Kaya Holdings Inc develops cannabis operations. It owns & operates Kaya Shack, a medical marijuana dispensary in Portland, Oregon. It produces, distributes & sells cannabis products, including flower, concentrates & cannabis-infused baked goods.. The company is led by its CEO from its headquarters in Fort Lauderdale, FL.

For more information on KAYS and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit today.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

About is a leading publisher of market news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the legal cannabis and medical marijuana markets. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts interested in all segments, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications and market exposure.
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About Jeremy Wilchek

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