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Home / Market Movers / Cannabis Stock Leader: Verde Science Inc (OTO:VRCI) Gains 41.76% at Midday on October 31

Cannabis Stock Leader: Verde Science Inc (OTO:VRCI) Gains 41.76% at Midday on October 31

Verde Science Inc (OTO:VRCI) has a strong morning trading session on October 31, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an advance of 41.76%. After closing the previous session at $0.0034, shares of $VRCI opened this morning at $0.0034 and are trading at $0.0048 at the lunch break. So far, about 932,216 shares have changed hands, compared to an average of 30-day volume of 1.81 million for Verde Science Inc. Shares moved as high at ${round high 4} and as low as $0.0033 in AM trading action.

The share appreciation gives the company a market capitalization of $81,150 based upon 23.87 million shares outstanding.

In the past 52 weeks, shares of Verde Science Inc have traded as low as $0.0005 and as high as $0.04. Technical traders will take note that at $0.0048, shares of VRCI are trading above their 50-day moving average (MA) at $0.002 and above their 200-day MA at $0.001. 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 VRCI?

Verde Science Inc is engaged in the discovery of novel drugs and new treatment modalities, cutting-edge diagnostic devices and pharmaceutical delivery systems for the treatment of emerging diseases and contemporary medical issues. The company is led by its CEO Michael P. Kurtanjek from its headquarters in Dallas, TX.


For more information on VRCI 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 12:00PM ET.

About PotNetwork.com

PotNetwork.com is a leading publisher of market news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the legal cannabis and medical marijuana markets. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts interested in all segments, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications and market exposure. A complete disclaimer can be viewed here.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of PotNetwork.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://potnetwork.com/legal-disclaimer/.

About Jeremy Wilchek

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