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Home / Market Movers / Cannabis Stock Leader: Abattis Bioceuticals Ord (OTCQB:ATTBF) Gains 8.1% at Midday on December 15

Cannabis Stock Leader: Abattis Bioceuticals Ord (OTCQB:ATTBF) Gains 8.1% at Midday on December 15

Abattis Bioceuticals Ord (OTCQB:ATTBF) has a strong morning trading session on December 15, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an advance of 8.1%. After closing the previous session at $0.1, shares of $ATTBF opened this morning at $0.11 and are trading at $0.1081 at the lunch break. So far, about 591,952 shares have changed hands, compared to an average of 30-day volume of 301,231 for Abattis Bioceuticals Ord. Shares moved as high at ${round high 4} and as low as $0.105 in AM trading action.

The share appreciation gives the company a market capitalization of $12.32 million based upon 123.23 million shares outstanding.

In the past 52 weeks, shares of Abattis Bioceuticals Ord have traded as low as $0.015 and as high as $1.0. Technical traders will take note that at $0.1081, shares of ATTBF are trading below their 50-day moving average (MA) at $0.124 and above their 200-day MA at $0.058. 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 Abattis Bioceut?

Abattis Bioceuticals Corp is a biotechnology company with capabilities, through its wholly owned subsidiaries of producing, licensing and marketing proprietary ingredients and formulas. The company is led by its CEO from its headquarters in Vancouver, BC.

For more information on Abattis Bioceut 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

PotNetwork.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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