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Home / Market Movers / Cannabis Stock Leader: Two Rivers Wtr & Farming (OTCQB:TURV) Gains 16.05% at Midday on August 1

Cannabis Stock Leader: Two Rivers Wtr & Farming (OTCQB:TURV) Gains 16.05% at Midday on August 1

Two Rivers Wtr & Farming (OTCQB:TURV) has a strong morning trading session on August 1, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an advance of 16.05%. After closing the previous session at $0.1801, shares of $TURV opened this morning at $0.2 and are trading at $0.209 at the lunch break. So far, about 54,307 shares have changed hands, compared to an average of 30-day volume of 41,461 for Two Rivers Wtr & Farming. Shares moved as high at ${round high 4} and as low as $0.1996 in AM trading action.

The share appreciation gives the company a market capitalization of $4.86 million based upon 26.98 million shares outstanding.

In the past 52 weeks, shares of Two Rivers Wtr & Farming have traded as low as $0.12 and as high as $0.95. Technical traders will take note that at $0.209, shares of TURV are trading below their 50-day moving average (MA) at $0.278 and below their 200-day MA at $0.493. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move above them is typically regarded as bullish.

Who is Two Rivers?

Two Rivers Water & Farming Co converts irrigated farmland from traditional use to grow marginally profitable feed crops to use for growing fruit and vegetable crops. The Company has two operating segments: Farms and Water. The company is led by its CEO John R. Mckowen from its headquarters in Denver, CO.

For more information on Two Rivers 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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