Global Entmt Holdings Inc (OTO:GBHL) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 8, gaining 4.35% to close the day at $0.0024 after opening the trading day at $0.0022. Today’s rise came with about 1.09 million shares changing hands, compared to an average of 30-day volume of 4.93 million for Global Entmt Holdings Inc. Shares moved as high at $0.0024 and as low as $0.0021 in today’s action.
The share appreciation gives the company a market capitalization of $439,583 based upon 191.12 million shares outstanding.
In the past 52 weeks, shares of Global Entmt Holdings Inc have traded as low as $0.00065 and as high as $0.0083. Technical traders will take note that at $0.0024, shares of GBHL are trading below their 50-day moving average (MA) at $0.003 and below their 200-day MA at $0.003. 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 GBHL?
Global Entertainment Holdings Inc is an independent entertainment content production & distribution company. The Company along with its subsidiaries is engaged in the production, financing & sales of motion pictures & other entertainment related content. The company is working from its headquarters in Las Vegas, NV.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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