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Cannabis Stock Laggard: AVT Inc (AVTCQ) Sheds 79.84% in Early Trading on June 13

AVT Inc (AVTCQ) is coming out weak in the morning trading session on June 13, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an slide of 79.84%. After closing the previous session at $0.0496, shares of AVTCQ opened this morning at $0.0352 and are trading at $0.01 shortly after the opening bell. So far, about 111,430 shares have changed hands, compared to an average of 30-day volume of 59,115 for AVT Inc. Shares moved as high at $0.0352 and as low as $0.01 in today’s early action.

The share depreciation gives the company a market capitalization of $1.06 million based upon 21.44 million shares outstanding.

In the past 52 weeks, shares of AVT Inc have traded as low as $0.016 and as high as $0.6. Technical traders will take note that at $0.01, shares of AVTCQ are trading below their 50-day moving average (MA) at $0.079 and below their 200-day MA at $0.157. 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 AVTCQ?

AVT Inc is a vending route company. It builds vending machines and provides solutions the market that enables retailers to increase customer convenience, sell more products, reduce labor, cut theft, control inventory, and improve revenues.. The company is led by its CEO James Winsor from its headquarters in Corona, CA.

For more information on AVTCQ 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 9:00AM 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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