Endocan Corp (OTO:ENDO) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on October 31, gaining 17.15% to close the day at $0.028 after opening the trading day at $0.023. Today’s rise came with about 1.0 million shares changing hands, compared to an average of 30-day volume of 592,780 for Endocan Corp. Shares moved as high at $0.028 and as low as $0.021 in today’s action.
The share appreciation gives the company a market capitalization of $1.62 million based upon 67.89 million shares outstanding.
In the past 52 weeks, shares of Endocan Corp have traded as low as $0.0027 and as high as $0.04. Technical traders will take note that at $0.028, shares of ENDO are trading above their 50-day moving average (MA) at $0.011 and above their 200-day MA at $0.01. 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 ENDO?
Endocan Corp develops products for critical ailments. It serves the cosmetic, health and nutrition industries. The company is led by its CEO from its headquarters in Colorado Springs, CO.
For more information on ENDO 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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