Itonis Inc (OTO:ITNS) had a tough morning trading session on October 31, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 10.0%. After closing the previous session at $0.002, shares of ITNS opened this morning at 0.002 and are trading at $0.0018 at the lunch break. So far, about 1.38 million shares have changed hands, compared to an average 30-day volume of 994,510 for Itonis Inc. Shares moved as high at $0.002 and as low as $0.0018 in AM trading action.
The share depreciation gives the company a market capitalization of $1.86 million based upon 930.38 million shares outstanding.
In the past 52 weeks, shares of Itonis Inc have traded as low as $0.00119 and as high as $0.0058. Technical traders will take note that at $0.0018, shares of ITNS are trading below their 50-day moving average (MA) at $0.003 and below their 200-day MA at $0.003. 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 Itonis Inc?
Itonis Inc is a development Stage Company. The Company is engaged in the marketing and distribution of medical and pharmaceutical products. It is presently engaged in marketing its Emesyl homeopathic antinausea product for retail sale. The company is led by its CEO from its headquarters in Laguna Hills, CA.
For more information on Itonis Inc 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 12:00PM ET.
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