Cgrowth Capital Inc (OTO:CGRA) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 7, gaining 7.5% to close the day at $0.0086 after opening the trading day at $0.008. Today’s rise came with about 823,650 shares changing hands, compared to an average of 30-day volume of 1.35 million for Cgrowth Capital Inc. Shares moved as high at $0.0089 and as low as $0.0066 in today’s action.
The share appreciation gives the company a market capitalization of $1.69 million based upon 211.05 million shares outstanding.
In the past 52 weeks, shares of Cgrowth Capital Inc have traded as low as $0.0009 and as high as $0.032. Technical traders will take note that at $0.0086, shares of CGRA are trading below their 50-day moving average (MA) at $0.009 and below their 200-day MA at $0.015. 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 CGRA?
CGrowth Capital Inc is an alternative asset management company. The Company operates in oil and gas sales, mineral sales and contracting services. The company is working from its headquarters in Silverdale, WA.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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