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Home / Market Movers / Cannabis Stock Laggard: Nutritional High International Inc (SPLIF) Sheds 21.33% at Midday on June 6

Cannabis Stock Laggard: Nutritional High International Inc (SPLIF) Sheds 21.33% at Midday on June 6

Nutritional High International Inc (SPLIF) had a tough morning trading session on June 6, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 21.33%. After closing the previous session at $0.0286, shares of SPLIF opened this morning at 0.0225 and are trading at $0.0225 at the lunch break. So far, about 75,000 shares have changed hands, compared to an average 30-day volume of 28,209 for Nutritional High International Inc. Shares moved as high at $0.0225 and as low as $0.0225 in AM trading action.

The share depreciation gives the company a market capitalization of $4.06 million based upon 141.94 million shares outstanding.

In the past 52 weeks, shares of Nutritional High International Inc have traded as low as $0.017 and as high as $0.0986. Technical traders will take note that at $0.0225, shares of SPLIF are trading below their 50-day moving average (MA) at $0.029 and below their 200-day MA at $0.033. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath them is typically regarded as bearish.

Who is SPLIF?

Nutritional High International Inc develops brands, trademarks, applications and packaging for marijuana-infused and hemp-infused products.. The company is led by its CEO from its headquarters in Toronto, ON.

For more information on SPLIF 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.

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About Jeremy Wilchek

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