Stevia Corp (OTO:STEV) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on October 31, gaining 11.54% to close the day at $0.029 after opening the trading day at $0.0262. Today’s rise came with about 1.25 million shares changing hands, compared to an average of 30-day volume of 693,644 for Stevia Corp. Shares moved as high at $0.0299 and as low as $0.026 in today’s action.
The share appreciation gives the company a market capitalization of $5.15 million based upon 198.24 million shares outstanding.
In the past 52 weeks, shares of Stevia Corp have traded as low as $0.0105 and as high as $0.052. Technical traders will take note that at $0.029, shares of STEV are trading above their 50-day moving average (MA) at $0.021 and above their 200-day MA at $0.026. 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 STEV?
Stevia Corp is a farm management company. The Company through its subsidiary is engaged in commercial development of natural products used for human consumption as well as for aquaculture and agriculture applications. The company is led by its CEO George S. Blankenbaker from its headquarters in Indianapolis, IN.
For more information on STEV 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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