Water Technologies Intl (WTII) came out strong at the opening of trading on June 3, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an early advance of 60.0%. After closing the previous session at $0.0005, shares of WTII opened this morning at $0.0008 and are currently trading at $0.0008. So far, about 20,000 shares have changed hands, compared to an average 30-day volume of 4.11 million for Water Technologies Intl. Shares moved as high at $0.0008 and as low as $0.0008 in today’s early action.
The share appreciation gives the company a market capitalization of $89,805 based upon 179.61 million shares outstanding.
In the past 52 weeks, shares of Water Technologies Intl have traded as low as $0.0003 and as high as $0.008. Technical traders will take note that at $0.0008, shares of WTII are trading below their 50-day moving average (MA) at $0.001 and below their 200-day MA at below $0.002. 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 $Water Tech?
Water Technologies International Inc manufactures and distributes atmospheric water generators and water filtration products that produce 99.9% pure drinking water in places that may or may not have potable drinking water available.. The company is led by its CEO from its headquarters in Port St. Lucie, FL.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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