Invictus MD Strategies Corp (OTO:IVITF) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 9, gaining 6.36% to close the day at $1.17 after opening the trading day at $1.0956. Today’s rise came with about 119,547 shares changing hands, compared to an average of 30-day volume of 149,365 for Invictus MD Strategies Corp. Shares moved as high at $1.22 and as low as $1.0811 in today’s action.
The share appreciation gives the company a market capitalization of $41.87 million based upon 38.06 million shares outstanding.
In the past 52 weeks, shares of Invictus MD Strategies Corp have traded as low as $0.1824 and as high as $1.63. Technical traders will take note that at $1.17, shares of IVITF are trading below their 50-day moving average (MA) at $1.19 and above their 200-day MA at $0.92. 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 IVITF?
Invictus MD Strategies Corp is engaged in the investment, acquisition and development of synergistic businesses in an effort to increase and sustain growth and value. The company is working from its headquarters in Vancouver, BC.
For more information on IVITF 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.
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