Dewmar Intl BMC Inc (OTO:DEWM) came out strong at the opening of trading on September 12, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an early advance of 13.33%. After closing the previous session at $0.0015, shares of DEWM opened this morning at $0.0016 and are currently trading at $0.0017. So far, about 624,000 shares have changed hands, compared to an average 30-day volume of 2.18 million for Dewmar Intl BMC Inc. Shares moved as high at $0.0017 and as low as $0.0016 in today’s early action.
The share appreciation gives the company a market capitalization of $4.14 million based upon 2.76 billion shares outstanding.
In the past 52 weeks, shares of Dewmar Intl BMC Inc have traded as low as $0.001 and as high as $0.0054. Technical traders will take note that at $0.0017, shares of DEWM are trading below their 50-day moving average (MA) at $0.002 and below their 200-day MA at below $0.002. 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 $Dewmar Intl?
Dewmar International BMC Inc produces carbonated beverage that is naturally sweetened. Its products include Lean Slow Motion PotionTM, Purp, Yella and Easta Pink. The company is led by its CEO Marco Moran from its headquarters in Clinton, MS.
For more information on Dewmar Intl 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.
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