MCIG Inc (MCIG) had a tough morning trading session on June 14, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 7.81%. After closing the previous session at $0.032, shares of MCIG opened this morning at 0.0317 and are trading at $0.0295 at the lunch break. So far, about 50,875 shares have changed hands, compared to an average 30-day volume of 368,252 for MCIG Inc. Shares moved as high at $0.0317 and as low as $0.0295 in AM trading action.
The share depreciation gives the company a market capitalization of $9.62 million based upon 300.63 million shares outstanding.
In the past 52 weeks, shares of MCIG Inc have traded as low as $0.0181 and as high as $0.069. Technical traders will take note that at $0.0295, shares of MCIG are trading
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