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Home / Market Movers / Cannabis Stock Leader: DirectView Holdings Inc (OTO:DIRV) Gains 8.33% at Midday on December 15

Cannabis Stock Leader: DirectView Holdings Inc (OTO:DIRV) Gains 8.33% at Midday on December 15

DirectView Holdings Inc (OTO:DIRV) 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 8.33%. After closing the previous session at $0.0012, shares of $DIRV opened this morning at $0.0011 and are trading at $0.0013 at the lunch break. So far, about 8.83 million shares have changed hands, compared to an average of 30-day volume of 5.94 million for DirectView Holdings Inc. Shares moved as high at ${round high 4} and as low as $0.0011 in AM trading action.

The share appreciation gives the company a market capitalization of $153,422 based upon 127.85 million shares outstanding.

In the past 52 weeks, shares of DirectView Holdings Inc have traded as low as $0.001 and as high as $0.1925. Technical traders will take note that at $0.0013, shares of DIRV are trading below their 50-day moving average (MA) at $0.002 and below their 200-day MA at $0.024. 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 DIRV?

DirectView Holdings Inc is a service provider of teleconferencing services to businesses and organizations. The Company also designs and installs surveillance systems, digital video recording and services. The company is led by its CEO Roger Ralston from its headquarters in Boca Raton, FL.

For more information on DIRV 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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