Naturally Splendid (OTCQB:NSPDF) had a tough morning trading session on December 30, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 5.01%. After closing the previous session at $0.2535, shares of NSPDF opened this morning at 0.242 and are trading at $0.2408 at the lunch break. So far, about 1,700 shares have changed hands, compared to an average 30-day volume of 21,625 for Naturally Splendid. Shares moved as high at $0.242 and as low as $0.2408 in AM trading action.
The share depreciation gives the company a market capitalization of $18.78 million based upon 74.09 million shares outstanding.
In the past 52 weeks, shares of Naturally Splendid have traded as low as $0.18 and as high as $0.453. Technical traders will take note that at $0.2408, shares of NSPDF are trading below their 50-day moving average (MA) at $0.303 and below their 200-day MA at $0.246. 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 NSPDF?
Naturally Splendid Enterprises Ltd is a multifaceted bio-tech company. The Company provides food supplements packaged for distribution through grocery stores, health and nutrition stores, and other outlets where consumers purchase health-related products. The company is led by its CEO Craig Goodwin from its headquarters in Vancouver, BC.
For more information on NSPDF 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.
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