Modern Mobility Aids Inc (OTO:MDRM) had a tough morning trading session on August 11, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 9.09%. After closing the previous session at $0.022, shares of MDRM opened this morning at 0.022 and are trading at $0.02 at the lunch break. So far, about 107,770 shares have changed hands, compared to an average 30-day volume of 158,975 for Modern Mobility Aids Inc. Shares moved as high at $0.022 and as low as $0.02 in AM trading action.
The share depreciation gives the company a market capitalization of $2.81 million based upon 127.55 million shares outstanding.
In the past 52 weeks, shares of Modern Mobility Aids Inc have traded as low as $0.0122 and as high as $0.147. Technical traders will take note that at $0.02, shares of MDRM are trading below their 50-day moving average (MA) at $0.037 and below their 200-day MA at $0.046. 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 Modern Mobility?
Galileo Life Sciences Inc is a shell company. The company is led by its CEO Antonio Domingues from its headquarters in Toronto, ON.
For more information on Modern Mobility 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 12:00PM ET.
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