Tauriga Sciences Inc (OTO:TAUG) suffered a bigger decline than most peers in the directory of the approximately 200 stocks we track in the cannabis industry on October 31, skidding 5.19% to close the day at $0.0064. Today’s drop came with about 1.1 million shares changing hands, compared to an average of 30-day volume of 556,690 for Tauriga Sciences.
The share depreciation gives the company a market capitalization of $9.2 million based upon 1.36 billion shares outstanding.
In the past 52 weeks, shares of Tauriga Sciences have traded as low as $0.0013 and as high as $0.0099. Technical traders will take note that at 0.0064, shares of TAUG are trading above their 50-day moving average (MA) at $0.004 and above their 200-day MA at $0.005. Technical analysts pay close attention to these key moving averages because they often serve as technical supports and move under them is typically regarded as bearish. Conversely, holding above these key moving averages or breaking over them is perceived as a sign of bullishness.
Who is Tauriga Sciences?
Tauriga Sciences Inc is a biotechnology company. It is engaged in the development of proprietary drug compounds and medical devices. The company is led by CEO Antonio Treminio from its headquarters in Danbury, CT.
For more information on Tauriga Sciences 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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