420 Property Management Inc (OTO:FTPM) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 16, gaining 33.33% to close the day at $0.0004 after opening the trading day at $0.0003. Today’s rise came with about 155,000 shares changing hands, compared to an average of 30-day volume of 4.82 million for 420 Property Management Inc. Shares moved as high at $0.0004 and as low as $0.0002 in today’s action.
The share appreciation gives the company a market capitalization of $185,155 based upon 617.18 million shares outstanding.
In the past 52 weeks, shares of 420 Property Management Inc have traded as low as $0.0002 and as high as $0.006. Technical traders will take note that at $0.0004, shares of FTPM are trading above their 50-day moving average (MA) at $0.0 and below their 200-day MA at $0.001. 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 FTPM?
420 Property Management Inc is engaged in property management for medicinal and legal recreational marijuana in the United States. The company is working from its headquarters in Carlsbad, CA.
For more information on FTPM 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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