Surna Inc (OTCQB:SRNA) came out strong at the opening of trading on November 1, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an early advance of 13.33%. After closing the previous session at $0.21, shares of SRNA opened this morning at $0.2149 and are currently trading at $0.238. So far, about 237,015 shares have changed hands, compared to an average 30-day volume of 2.4 million for Surna Inc. Shares moved as high at $0.238 and as low as $0.2149 in today’s early action.
The share appreciation gives the company a market capitalization of $30.64 million based upon 145.9 million shares outstanding.
In the past 52 weeks, shares of Surna Inc have traded as low as $0.053 and as high as $0.294. Technical traders will take note that at $0.238, shares of SRNA are trading above their 50-day moving average (MA) at $0.134 and above their 200-day MA at above $0.097. 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 $Surna Inc?
Surna Inc designs, manufactures, and distributes systems for controlled environment agriculture. Its products offer growers improved process control while simultaneously reducing the energy and resources required to maximize crop yield. The company is led by its CEO Tom Bollich from its headquarters in Boulder, CO.
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All data provided by QuoteMedia and was accurate as of 9:30AM ET.
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