Endocan Corp (OTO:ENDO) had a tough 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 a slide of 5.19%. After closing the previous session at $0.0212, shares of ENDO opened this morning at 0.021 and are trading at $0.0201 at the lunch break. So far, about 136,550 shares have changed hands, compared to an average 30-day volume of 416,098 for Endocan Corp. Shares moved as high at $0.021 and as low as $0.0201 in AM trading action.
The share depreciation gives the company a market capitalization of $1.44 million based upon 67.89 million shares outstanding.
In the past 52 weeks, shares of Endocan Corp have traded as low as $0.0027 and as high as $0.04. Technical traders will take note that at $0.0201, shares of ENDO are trading below their 50-day moving average (MA) at $0.021 and above their 200-day MA at $0.013. 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 ENDO?
Endocan Corp develops products for critical ailments. It serves the cosmetic, health and nutrition industries. The company is led by its CEO from its headquarters in Colorado Springs, CO.
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All data provided by QuoteMedia and was accurate as of 12:00PM ET.
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