Cannagrow Holdings Inc (CGRW) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 13, gaining 5.13% to close the day at $0.65 after opening the trading day at $0.685. Today’s rise came with about 36,096 shares changing hands, compared to an average of 30-day volume of 27,119 for Cannagrow Holdings Inc. Shares moved as high at $0.7 and as low as $0.65 in today’s action.
The share appreciation gives the company a market capitalization of $66.98 million based upon 108.33 million shares outstanding.
In the past 52 weeks, shares of Cannagrow Holdings Inc have traded as low as $0.25 and as high as $0.96. Technical traders will take note that at $0.65, shares of CGRW are trading below their 50-day moving average (MA) at $0.696 and above their 200-day MA at $0.545. 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 Cannagrow?
CannaGrow Holdings Inc is a lessor, liaison, and consultant to licensed growers providing growing facilities for medical and recreational cannabis industry in the State of Colorado.. The company is led by its CEO from its headquarters in Las Vegas, NV.
For more information on Cannagrow and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit PotNetwork.com today.
All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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