Verde Science Inc (OTO:VRCI) 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 7.32%. After closing the previous session at $0.00874, shares of VRCI opened this morning at 0.0091 and are trading at $0.0081 at the lunch break. So far, about 273,147 shares have changed hands, compared to an average 30-day volume of 747,174 for Verde Science Inc. Shares moved as high at $0.0093 and as low as $0.0079 in AM trading action.
The share depreciation gives the company a market capitalization of $208,603 based upon 23.87 million shares outstanding.
In the past 52 weeks, shares of Verde Science Inc have traded as low as $0.0001 and as high as $0.07. Technical traders will take note that at $0.0081, shares of VRCI are trading below their 50-day moving average (MA) at $0.011 and above their 200-day MA at $0.003. 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 VRCI?
Verde Science Inc is engaged in the discovery of novel drugs and new treatment modalities, cutting-edge diagnostic devices and pharmaceutical delivery systems for the treatment of emerging diseases and contemporary medical issues. The company is led by its CEO Michael P. Kurtanjek from its headquarters in Dallas, TX.
For more information on VRCI 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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