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Home / Market Movers / Cannabis Stock Leader: Agritek Holdings Inc (AGTK) Gains 22.71% at Midday on June 9

Cannabis Stock Leader: Agritek Holdings Inc (AGTK) Gains 22.71% at Midday on June 9

Agritek Holdings Inc (AGTK) has a strong morning trading session on June 9, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an advance of 22.71%. After closing the previous session at $0.0035, shares of $AGTK opened this morning at $0.0035 and are trading at $0.0043 at the lunch break. So far, about 2.1 million shares have changed hands, compared to an average of 30-day volume of 935,221 for Agritek Holdings Inc. Shares moved as high at ${round high 4} and as low as $0.0035 in AM trading action.

The share appreciation gives the company a market capitalization of $1.05 million based upon 299.26 million shares outstanding.

In the past 52 weeks, shares of Agritek Holdings Inc have traded as low as $0.0008 and as high as $0.0137. Technical traders will take note that at $0.0043, shares of $AGTK are trading below their 50-day moving average (MA) at $0.005 and above their 200-day MA at $0.003. 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 $AGTK?

Agritek Holdings Inc is engaged in acquiring and leasing real estate to licensed marijuana operators including providing complete turnkey growing space and related facilities to licensed marijuana growers and dispensary owners.. The company is led by its CEO B. Friedman from its headquarters in Miami, FL.

For more information on AGTK 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 12:30PM 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. A complete disclaimer can be viewed here.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

About Jeremy Wilchek

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