QED Connect Inc (OTO:QEDN) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on October 31, gaining 53.33% to close the day at $0.0023 after opening the trading day at $0.0015. Today’s rise came with about 28.3 million shares changing hands, compared to an average of 30-day volume of 11.94 million for QED Connect Inc. Shares moved as high at $0.0024 and as low as $0.0015 in today’s action.
The share appreciation gives the company a market capitalization of $534,019 based upon 356.01 million shares outstanding.
In the past 52 weeks, shares of QED Connect Inc have traded as low as $9.8e-05 and as high as $0.0017. Technical traders will take note that at $0.0023, shares of QEDN 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 above them is typically regarded as bullish.
Who is QED Connect Inc?
QED Connect Inc works with organizations that are looking for capital or management assistance or help in reaching targets. The company is led by its CEO from its headquarters in Manchester, NH.
For more information on QED Connect 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 4:30PM ET.
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