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Home / Market Movers / Cannabis Stock Laggard: Intl Consol Cos Inc (OTO:INCC) Sheds 40.0% at Midday on November 10

Cannabis Stock Laggard: Intl Consol Cos Inc (OTO:INCC) Sheds 40.0% at Midday on November 10

Intl Consol Cos Inc (OTO:INCC) had a tough morning trading session on November 10, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 40.0%. After closing the previous session at $0.0015, shares of INCC opened this morning at 0.0015 and are trading at $0.0009 at the lunch break. So far, about 74.03 million shares have changed hands, compared to an average 30-day volume of 31.46 million for Intl Consol Cos Inc. Shares moved as high at $0.0016 and as low as $0.0008 in AM trading action.

The share depreciation gives the company a market capitalization of $2.6 million based upon 1.73 billion shares outstanding.

In the past 52 weeks, shares of Intl Consol Cos Inc have traded as low as $9.9e-05 and as high as $0.0033. Technical traders will take note that at $0.0009, shares of INCC are trading above their 50-day moving average (MA) at $0.0 and above their 200-day MA at $0.0. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath them is typically regarded as bearish.

Who is Intl Consol Cos?

International Consolidated Companies, Inc. aggregates companies providing contact management solutions and services in the business process outsourcing market. The company is led by its CEO from its headquarters in Sarasota, FL.


For more information on Intl Consol Cos 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

PPotNetwork.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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