Thursday , August 17 2017
Breaking News
Home / Market Movers / Cannabis Stock Leader: Gear International Inc (OTO:GEAR) Advances 50.0% for June 7

Cannabis Stock Leader: Gear International Inc (OTO:GEAR) Advances 50.0% for June 7

Gear International Inc (OTO:GEAR) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 7, gaining 50.0% to close the day at $0.0003 after opening the trading day at $0.0002. Today’s rise came with about 126,000 shares changing hands, compared to an average of 30-day volume of 105,214 for Gear International Inc. Shares moved as high at $0.0003 and as low as $0.0002 in today’s action.

The share appreciation gives the company a market capitalization of $710,910 based upon 3.55 billion shares outstanding.

In the past 52 weeks, shares of Gear International Inc have traded as low as $0.0001 and as high as $0.0007. Technical traders will take note that at $0.0003, shares of GEAR are trading above their 50-day moving average (MA) at $0.0 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 above them is typically regarded as bullish.

Who is GEAR?

GEAR International Inc has recently altered its business strategy to include gold and silver mining, providing financing for gold and silver mining projects, and precious metals processing and refining. The company is working from its headquarters in Pensacola, FL.


For more information on GEAR 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 4:30PM 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 …