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Home / Market Movers / Cannabis Stock Laggard: Nhale Inc (OTO:NHLE) Sheds 14.46% at Midday on June 16

Cannabis Stock Laggard: Nhale Inc (OTO:NHLE) Sheds 14.46% at Midday on June 16

Nhale Inc (OTO:NHLE) 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 14.46%. After closing the previous session at $0.04793, shares of NHLE opened this morning at 0.0491 and are trading at $0.041 at the lunch break. So far, about 4,670 shares have changed hands, compared to an average 30-day volume of 9,040 for Nhale Inc. Shares moved as high at $0.0491 and as low as $0.041 in AM trading action.

The share depreciation gives the company a market capitalization of $1.44 million based upon 30.0 million shares outstanding.

In the past 52 weeks, shares of Nhale Inc have traded as low as $0.005 and as high as $0.068. Technical traders will take note that at $0.041, shares of NHLE are trading

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About Jeremy Wilchek

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