Cara Therapeutics Inc. (NSD:CARA) had a tough morning trading session on June 16, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 5.26%. After closing the previous session at $5.32, shares of CARA opened this morning at 5.26 and are trading at $5.04 at the lunch break. So far, about 297,219 shares have changed hands, compared to an average 30-day volume of 584,819 for Cara Therapeutics Inc.. Shares moved as high at $5.29 and as low as $5.01 in AM trading action.
The share depreciation gives the company a market capitalization of $145.14 million based upon 27.28 million shares outstanding.
In the past 52 weeks, shares of Cara Therapeutics Inc. have traded as low as $4.26 and as high as $23.6134. Technical traders will take note that at $5.04, shares of CARA are trading
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