Maple Leaf Green World Inc (OTO:MPEFF) came out strong at the opening of trading on December 15, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an early advance of 6.65%. After closing the previous session at $0.3263, shares of MPEFF opened this morning at $0.348 and are currently trading at $0.348. So far, about 500 shares have changed hands, compared to an average 30-day volume of 21,123 for Maple Leaf Green World Inc. Shares moved as high at $0.348 and as low as $0.348 in today’s early action.
The share appreciation gives the company a market capitalization of $39.32 million based upon 120.5 million shares outstanding.
In the past 52 weeks, shares of Maple Leaf Green World Inc have traded as low as $0.0519 and as high as $0.7439. Technical traders will take note that at $0.348, shares of MPEFF are trading below their 50-day moving average (MA) at $0.529 and above their 200-day MA at above $0.224. 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 $Maple Leaf Green?
Maple Leaf Green World Inc along with its subsidiary is exploring opportunities for its eco-agriculture nursery business, including medical marijuana in Canada and USA, and its renewable energy business in China. The company is led by its CEO Raymond Lai from its headquarters in Calgary, AB.
For more information on Maple Leaf Green 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 9:30AM ET.
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