Tuesday , March 26 2019
Breaking News
Home / Market Movers / Cannabis Stock Leader: Two Rivers Water & Farming Company (OTCQB:TURV) Surges 9.97% in Early Trading on December 15

Cannabis Stock Leader: Two Rivers Water & Farming Company (OTCQB:TURV) Surges 9.97% in Early Trading on December 15

Two Rivers Water & Farming Company (OTCQB:TURV) 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 9.97%. After closing the previous session at $0.4, shares of TURV opened this morning at $0.4399 and are currently trading at $0.4399. So far, about 150 shares have changed hands, compared to an average 30-day volume of 162,644 for Two Rivers Water & Farming Company. Shares moved as high at $0.4399 and as low as $0.4399 in today’s early action.

The share appreciation gives the company a market capitalization of $11.69 million based upon 29.23 million shares outstanding.

In the past 52 weeks, shares of Two Rivers Water & Farming Company have traded as low as $0.12 and as high as $1.19. Technical traders will take note that at $0.4399, shares of TURV are trading below their 50-day moving average (MA) at $0.604 and above their 200-day MA at above $0.415. 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 $Two Rivers?

Two Rivers Water & Farming Co converts irrigated farmland from traditional use to grow marginally profitable feed crops to use for growing fruit and vegetable crops. The Company has two operating segments: Farms and Water. The company is led by its CEO John R. Mckowen from its headquarters in Denver, CO.

For more information on Two Rivers 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.

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

Check Also

Cannabis Stock Leader: Zoned Properties Inc (OTCQX:ZDPY) Advances 23.08% for July 28

Zoned Properties Inc (OTCQX:ZDPY) outpaced most other peers in the directory of the approximately 200 …