Vape Holdings Inc (OTO:VAPE) 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 5.47%. After closing the previous session at $0.015, shares of VAPE opened this morning at $0.0161 and are currently trading at $0.0158. So far, about 5.8 million shares have changed hands, compared to an average 30-day volume of 30.17 million for Vape Holdings Inc. Shares moved as high at $0.0168 and as low as $0.0155 in today’s early action.
The share appreciation gives the company a market capitalization of $5.5 million based upon 366.87 million shares outstanding.
In the past 52 weeks, shares of Vape Holdings Inc have traded as low as $0.0012 and as high as $0.028. Technical traders will take note that at $0.0158, shares of VAPE are trading above their 50-day moving average (MA) at $0.004 and above their 200-day MA at above $0.004. 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 $Vape Holdings?
Vape Holdings Inc is engaged in the manufacturing and distribution of healthy and sustainable vaporization products. The Company's product brand includes HIVE Ceramics. The company is led by its CEO Darin M. Myman from its headquarters in Agoura Hills, CA.
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All data provided by QuoteMedia and was accurate as of 9:30AM ET.
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