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Home / Market Movers / Cannabis Stock Laggard: Signal Bay Inc (SGBY) Sheds 18.18% at Midday on June 9

Cannabis Stock Laggard: Signal Bay Inc (SGBY) Sheds 18.18% at Midday on June 9

Signal Bay Inc (SGBY) had a tough morning trading session on June 9, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 18.18%. After closing the previous session at $0.0011, shares of SGBY opened this morning at 0.0011 and are trading at $0.0009 at the lunch break. So far, about 1.46 million shares have changed hands, compared to an average 30-day volume of 10.95 million for Signal Bay Inc. Shares moved as high at $0.0012 and as low as $0.0008 in AM trading action.

The share depreciation gives the company a market capitalization of $580,140 based upon 527.4 million shares outstanding.

In the past 52 weeks, shares of Signal Bay Inc have traded as low as $0.00058 and as high as $0.031. Technical traders will take note that at $0.0009, shares of SGBY are trading

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