Lighting Science Grp (OTO:LSCG) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on December 30, gaining 5.4% to close the day at $0.04 after opening the trading day at $0.0341. Today’s rise came with about 161,762 shares changing hands, compared to an average of 30-day volume of 258,189 for Lighting Science Grp. Shares moved as high at $0.04 and as low as $0.034 in today’s action.
The share appreciation gives the company a market capitalization of $8.26 million based upon 217.78 million shares outstanding.
In the past 52 weeks, shares of Lighting Science Grp have traded as low as $0.005 and as high as $0.17. Technical traders will take note that at $0.04, shares of LSCG are trading above their 50-day moving average (MA) at $0.027 and below their 200-day MA at $0.076. 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 LSCG?
Lighting Science Group Corp is an innovator and provider of light emitting diode or LED lighting technology. The Company designs, develops, manufactures and markets general illumination products that exclusively use LEDs as their light source. The company is led by its CEO Steven G. Marton from its headquarters in Melbourne, FL.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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