Wednesday , August 16 2017
Breaking News
Home / Market Movers / Cannabis Stock Laggard: Vapor Group Inc (OTO:VPOR) Sheds 11.39% in Early Trading on September 7

Cannabis Stock Laggard: Vapor Group Inc (OTO:VPOR) Sheds 11.39% in Early Trading on September 7

Vapor Group Inc (OTO:VPOR) is coming out weak in the morning trading session on September 7, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an slide of 11.39%. After closing the previous session at $0.00079, shares of VPOR opened this morning at $0.0007 and are trading at $0.0007 shortly after the opening bell. So far, about 200 shares have changed hands, compared to an average of 30-day volume of 74.98 million for Vapor Group Inc. Shares moved as high at $0.0007 and as low as $0.0007 in today’s early action.

The share depreciation gives the company a market capitalization of $2.1 million based upon 2.66 billion shares outstanding.

In the past 52 weeks, shares of Vapor Group Inc have traded as low as $0.0001 and as high as $0.0016. Technical traders will take note that at $0.0007, shares of VPOR are trading below their 50-day moving average (MA) at $0.001 and above their 200-day MA at $0.0. 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 VPOR?

Vapor Group Inc designs, develops, manufactures and markets vaporizers and e-cigarettes. The Company also offers a range of e-liquid flavors. Its products are marketed under the Vapor Group, Total Vapor, Vapor 123, and Vapor Products brands. The company is led by its CEO from its headquarters in Davie, FL.


For more information on VPOR 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 9:30AM ET.

About PotNetwork.com

PotNetwork.com is a leading publisher of market news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the legal cannabis and medical marijuana markets. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts interested in all segments, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications and market exposure. A complete disclaimer can be viewed here.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of PotNetwork.com. 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: http://potnetwork.com/legal-disclaimer/.

About Jeremy Wilchek

Check Also

Cannabis Stock Leader: Zoned Properties Inc (OTCQX:ZDPY) Advances 23.08% for July 28

Zoned Properties Inc (OTCQX:ZDPY) outpaced most other peers in the directory of the approximately 200 …