Singlepoint Inc (SING) came out strong at the opening of trading on June 14, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an early advance of 7.69%. After closing the previous session at $0.0091, shares of SING opened this morning at $0.0098 and are currently trading at $0.0098. So far, about 5,000 shares have changed hands, compared to an average 30-day volume of 549,444 for Singlepoint Inc. Shares moved as high at $0.0098 and as low as $0.0098 in today’s early action.
The share appreciation gives the company a market capitalization of $3.03 million based upon 332.85 million shares outstanding.
In the past 52 weeks, shares of Singlepoint Inc have traded as low as $0.0041 and as high as $0.018. Technical traders will take note that at $0.0098, shares of SING are trading above their 50-day moving average (MA) at $0.008 and above their 200-day MA at above $0.007. 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 $Singlepoint Inc?
SinglePoint Inc is a mobile technology company engaged in mobile payments, mobile giving, and mobile bidding. It operates mobile commerce and communications platform to accept mobile credit card payments.. The company is led by its CEO from its headquarters in Phoenix, AZ.
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All data provided by QuoteMedia and was accurate as of 9:00PM ET.
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