Amfil Technologies Inc (OTO:AMFE) is coming out weak in the morning trading session on December 15, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an slide of 7.94%. After closing the previous session at $0.0063, shares of AMFE opened this morning at $0.006 and are trading at $0.0058 shortly after the opening bell. So far, about 164,244 shares have changed hands, compared to an average of 30-day volume of 1.76 million for Amfil Technologies Inc. Shares moved as high at $0.006 and as low as $0.0058 in today’s early action.
The share depreciation gives the company a market capitalization of $4.19 million based upon 664.49 million shares outstanding.
In the past 52 weeks, shares of Amfil Technologies Inc have traded as low as $0.0015 and as high as $0.0071. Technical traders will take note that at $0.0058, shares of AMFE are trading above their 50-day moving average (MA) at $0.004 and above their 200-day MA at $0.003. 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 Amfil Tech?
Amfil Technologies Inc manufactures antimicrobial cleaning systems. It uses ozone to clean and treat food and food-contact surfaces. The company is led by its CEO from its headquarters in Markham, ON.
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All data provided by QuoteMedia and was accurate as of 9:30AM ET.
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