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Home / Market Movers / Cannabis Stock Laggard: Vapor Hub Intl Inc (OTO:VHUB) Sheds 10.0% at Midday on June 22

Cannabis Stock Laggard: Vapor Hub Intl Inc (OTO:VHUB) Sheds 10.0% at Midday on June 22

Vapor Hub Intl Inc (OTO:VHUB) had a tough morning trading session on June 22, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 10.0%. After closing the previous session at $0.005, shares of VHUB opened this morning at 0.0045 and are trading at $0.0045 at the lunch break. So far, about 310,000 shares have changed hands, compared to an average 30-day volume of 258,973 for Vapor Hub Intl Inc. Shares moved as high at $0.0045 and as low as $0.004 in AM trading action.

The share depreciation gives the company a market capitalization of $406,314 based upon 81.26 million shares outstanding.

In the past 52 weeks, shares of Vapor Hub Intl Inc have traded as low as $0.0036 and as high as $0.06. Technical traders will take note that at $0.0045, shares of VHUB are trading below their 50-day moving average (MA) at $0.015 and below their 200-day MA at $0.027. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath them is typically regarded as bearish.

Who is Vapor Hub?

Vapor Hub International Inc designs, sources, markets and sells smokeless electronic cigarettes which are popularly known as vaping devices. It also provides a selection of vaping devices and related accessories. The company is led by its CEO from its headquarters in Simi Valley, CA.

For more information on Vapor Hub and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit today.

All data provided by QuoteMedia and was accurate as of 12:00PM ET.

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DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

About Jeremy Wilchek

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