Pazoo Inc (PZOO) 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 12.5% to close the day at $0.0014. Today’s drop came with about 14.54 million shares changing hands, compared to an average of 30-day volume of 7.59 million for PZOO.
The share depreciation gives the company a market capitalization of $114,966 based upon 71.85 million shares outstanding.
In the past 52 weeks, shares of PZOO have traded as low as $0.0013 and as high as $1.13. Technical traders will take note that at 0.0014, shares of PZOO are trading below their 50-day moving average (MA) at $0.009 and below their 200-day MA at $0.134. 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 PZOO?
Pazoo Inc is a health and wellness company. It offers nutritional foods/supplements, wellness goods, fitness apparel, and healthy advice through its website. The company is led by CEO David Cunic from its headquarters in Whippany, NJ.
For more information on PZOO 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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