Next Generation Management Corp (NGMC) came out strong at the opening of trading on June 13, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an early advance of 50.0%. After closing the previous session at $0.001, shares of NGMC opened this morning at $0.0015 and are currently trading at $0.0015. So far, about 6,000 shares have changed hands, compared to an average 30-day volume of 177,583 for Next Generation Management Corp. Shares moved as high at $0.0015 and as low as $0.0015 in today’s early action.
The share appreciation gives the company a market capitalization of $265,853 based upon 265.85 million shares outstanding.
In the past 52 weeks, shares of Next Generation Management Corp have traded as low as $0.0008 and as high as $0.0058. Technical traders will take note that at $0.0015, shares of NGMC are trading below their 50-day moving average (MA) at $0.002 and below their 200-day MA at below $0.002. 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 $NGMC?
Next Generation Management Corp, formerly Next Generation Energy Corp is an oil and natural gas company. The Company is involved in the exploration, development, and production of natural gas properties located onshore in the United States.. The company is led by its CEO Darryl Reed from its headquarters in Annandale, VA.
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All data provided by QuoteMedia and was accurate as of 9:00PM ET.
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