Vape Holdings Inc (OTO:VAPE) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 9, gaining 6.43% to close the day at $0.0048 after opening the trading day at $0.0045. Today’s rise came with about 1.51 million shares changing hands, compared to an average of 30-day volume of 2.72 million for Vape Holdings Inc. Shares moved as high at $0.0048 and as low as $0.0042 in today’s action.
The share appreciation gives the company a market capitalization of $2.97 million based upon 657.94 million shares outstanding.
In the past 52 weeks, shares of Vape Holdings Inc have traded as low as $0.0012 and as high as $0.032. Technical traders will take note that at $0.0048, shares of VAPE are trading below their 50-day moving average (MA) at $0.006 and below their 200-day MA at $0.008. 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 Vape Holdings?
Vape Holdings Inc is engaged in the manufacturing and distribution of healthy and sustainable vaporization products. The Company's product brand includes HIVE Ceramics. The company is working from its headquarters in Agoura Hills, CA.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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