Itonis Inc (ITNS) suffered a bigger decline than most peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 15, skidding 13.16% to close the day at $0.0033. Today’s drop came with about 1.28 million shares changing hands, compared to an average of 30-day volume of 1.69 million for Itonis Inc.
The share depreciation gives the company a market capitalization of $3.54 million based upon 930.38 million shares outstanding.
In the past 52 weeks, shares of Itonis Inc have traded as low as $0.00119 and as high as $0.0065. Technical traders will take note that at 0.0033, shares of ITNS are trading above their 50-day moving average (MA) at $0.003 and above their 200-day MA at $0.002. Technical analysts pay close attention to these key moving averages because they often serve as technical supports and move under them is typically regarded as bearish. Conversely, holding above these key moving averages or breaking over them is perceived as a sign of bullishness.
Who is Itonis Inc?
Itonis Inc is a development Stage Company. The Company is engaged in the marketing and distribution of medical and pharmaceutical products. It is presently engaged in marketing its Emesyl homeopathic antinausea product for retail sale. The company is led by CEO from its headquarters in Laguna Hills, CA.
For more information on Itonis Inc 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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