Vapor Group Inc (OTO:VPOR) is coming out weak in the morning trading session on June 23, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an slide of 50.0%. After closing the previous session at $0.0002, shares of VPOR opened this morning at $0.0001 and are trading at $0.0001 shortly after the opening bell. So far, about 1,000 shares have changed hands, compared to an average of 30-day volume of 6.65 million for Vapor Group Inc. Shares moved as high at $0.0001 and as low as $0.0001 in today’s early action.
The share depreciation gives the company a market capitalization of $531,762 based upon 2.66 billion shares outstanding.
In the past 52 weeks, shares of Vapor Group Inc have traded as low as $0.0001 and as high as $0.0012. Technical traders will take note that at $0.0001, shares of VPOR are trading above their 50-day moving average (MA) at $0.0 and above their 200-day MA at $0.0. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath them is typically regarded as bearish.
Who is VPOR?
Vapor Group Inc designs, develops, manufactures and markets vaporizers and e-cigarettes. The Company also offers a range of e-liquid flavors. Its products are marketed under the Vapor Group, Total Vapor, Vapor 123, and Vapor Products brands. The company is led by its CEO from its headquarters in Davie, FL.
For more information on VPOR 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 9:30AM ET.
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