Northsight Capital Inc (OTO:NCAP) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on October 31, gaining 20.0% to close the day at $0.12 after opening the trading day at $0.1385. Today’s rise came with about 26,525 shares changing hands, compared to an average of 30-day volume of 8,518 for Northsight Capital Inc. Shares moved as high at $0.15 and as low as $0.12 in today’s action.
The share appreciation gives the company a market capitalization of $11.28 million based upon 112.76 million shares outstanding.
In the past 52 weeks, shares of Northsight Capital Inc have traded as low as $0.032 and as high as $0.2. Technical traders will take note that at $0.12, shares of NCAP are trading above their 50-day moving average (MA) at $0.118 and above their 200-day MA at $0.105. 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 NCAP?
Northsight Capital Inc provides variety of online directories for a broad range of businesses engaged in the lawful sale and distribution of cannabis and hemp related products. The company is led by its CEO John H. Bluher from its headquarters in Scottsdale, AZ.
For more information on NCAP 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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