Veritas Pharma Inc (OTO:VRTHF) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 16, gaining 5.02% to close the day at $0.314 after opening the trading day at $0.304. Today’s rise came with about 5,500 shares changing hands, compared to an average of 30-day volume of 21,164 for Veritas Pharma Inc. Shares moved as high at $0.314 and as low as $0.304 in today’s action.
The share appreciation gives the company a market capitalization of $10.82 million based upon 36.19 million shares outstanding.
In the past 52 weeks, shares of Veritas Pharma Inc have traded as low as $0.104 and as high as $0.459. Technical traders will take note that at $0.314, shares of VRTHF are trading above their 50-day moving average (MA) at $0.306 and above their 200-day MA at $0.29. 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 VRTHF?
Veritas Pharma Inc is an emerging producer and distributor of medical marijuana. The company is working from its headquarters in Vancouver, BC.
For more information on VRTHF 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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