Vapor Corp (OTO:VPCO) 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 42.86%. After closing the previous session at $7e-05, shares of VPCO opened this morning at $0.0001 and are currently trading at $0.0001. So far, about 800,000 shares have changed hands, compared to an average 30-day volume of 13.56 million for Vapor Corp. Shares moved as high at $0.0001 and as low as $0.0001 in today’s early action.
The share appreciation gives the company a market capitalization of $19 based upon 277,388 shares outstanding.
In the past 52 weeks, shares of Vapor Corp have traded as low as $1e-06 and as high as $1342600.0. Technical traders will take note that at $0.0001, shares of VPCO are trading above their 50-day moving average (MA) at $0.0 and below their 200-day MA at below $4596.915. 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 $VPCO?
Vapor Corp designs, markets and distributes electronic cigarettes, vaporizers, e-liquids and accessories. The Company markets its electronic cigarettes as an alternative to traditional tobacco cigarettes. The company is led by its CEO Jeffrey Elliot Holman from its headquarters in Dania Beach, FL.
For more information on VPCO 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 9:30AM ET.
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