Advantis Corp (OTO:ADVT) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 13, gaining 8.0% to close the day at $0.0108 after opening the trading day at $0.009. Today’s rise came with about 2.07 million shares changing hands, compared to an average of 30-day volume of 1.89 million for Advantis Corp. Shares moved as high at $0.011 and as low as $0.009 in today’s action.
The share appreciation gives the company a market capitalization of $6.21 million based upon 620.73 million shares outstanding.
In the past 52 weeks, shares of Advantis Corp have traded as low as $0.002 and as high as $0.035. Technical traders will take note that at $0.0108, shares of ADVT are trading below their 50-day moving average (MA) at $0.016 and below their 200-day MA at $0.011. 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 ADVT?
Advantis Corp engages in the development of products that supply the medical cannabis, research, and pharmaceutical industries. The company is working from its headquarters in Newport Beach, CA.
For more information on ADVT 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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