Futureland Corp. (OTCQB:FUTL) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on December 30, gaining 9.48% to close the day at $0.0127 after opening the trading day at $0.0125. Today’s rise came with about 4.83 million shares changing hands, compared to an average of 30-day volume of 4.36 million for Futureland Corp.. Shares moved as high at $0.014 and as low as $0.011 in today’s action.
The share appreciation gives the company a market capitalization of $3.55 million based upon 305.87 million shares outstanding.
In the past 52 weeks, shares of Futureland Corp. have traded as low as $0.0049 and as high as $0.5. Technical traders will take note that at $0.0127, shares of FUTL are trading above their 50-day moving average (MA) at $0.012 and below their 200-day MA at $0.1. 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 FUTL?
FutureLand Corp is a cannabis and hemp land leasing company. The Company through its subsidiary is engaged in acquisition, zoning, license fulfillment, site plan preparation and financing of cannabis or hemp grow facilities throughout the United States. The company is led by its CEO Keith Duffy from its headquarters in St. Petersburg, FL.
For more information on FUTL 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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