1PM Industries Inc (OTCQB:OPMZ) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on December 30, gaining 7.14% to close the day at $0.0045 after opening the trading day at $0.004. Today’s rise came with about 237,097 shares changing hands, compared to an average of 30-day volume of 895,907 for 1PM Industries Inc. Shares moved as high at $0.005 and as low as $0.004 in today’s action.
The share appreciation gives the company a market capitalization of $475,481 based upon 113.21 million shares outstanding.
In the past 52 weeks, shares of 1PM Industries Inc have traded as low as $0.0025 and as high as $0.65. Technical traders will take note that at $0.0045, shares of OPMZ are trading below their 50-day moving average (MA) at $0.012 and below their 200-day MA at $0.11. 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 OPMZ?
1PM Industries Inc is engaged in the sale and distribution of medical marijuana under the brand Von Baron Farms. The Company sells products including Pancake and Waffle Batter. The company is led by its CEO from its headquarters in Beverly Hills, CA.
For more information on OPMZ 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 4:30PM ET.
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