Efftec Intl Inc (OTO:EFFI) suffered a bigger decline than most peers in the directory of the approximately 200 stocks we track in the cannabis industry on December 14, skidding 7.41% to close the day at $0.0025. Today’s drop came with about 6.83 million shares changing hands, compared to an average of 30-day volume of 18.16 million for Efftec Intl Inc.
The share depreciation gives the company a market capitalization of $168,187 based upon 62.29 million shares outstanding.
In the past 52 weeks, shares of Efftec Intl Inc have traded as low as $0.0004 and as high as $0.0092. Technical traders will take note that at 0.0025, shares of EFFI are trading below their 50-day moving average (MA) at $0.003 and above their 200-day MA at $0.002. Technical analysts pay close attention to these key moving averages because they often serve as technical supports and move under them is typically regarded as bearish. Conversely, holding above these key moving averages or breaking over them is perceived as a sign of bullishness.
Who is Efftec Intl Inc?
EffTec International Inc through its subsidiaries is engaged in the sales of hardware and nutrients into the hydroponics and indoor plant growth markets. The company is led by CEO from its headquarters in Las Vegas, NV.
For more information on Efftec Intl Inc 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 4:30PM ET.
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