Nano Mobile Healthcare Inc (OTO:VNTH) suffered a bigger decline than most peers in the directory of the approximately 200 stocks we track in the cannabis industry on January 25, skidding 14.29% to close the day at $0.0006. Today’s drop came with about 1.51 million shares changing hands, compared to an average of 30-day volume of 6.02 million for VNTH.
The share depreciation gives the company a market capitalization of $34,403 based upon 49.15 million shares outstanding.
In the past 52 weeks, shares of VNTH have traded as low as $9.9e-05 and as high as $0.049. Technical traders will take note that at 0.0006, shares of VNTH are trading below their 50-day moving average (MA) at $0.001 and below their 200-day MA at $0.003. Technical analysts pay close attention to these key moving averages because they often serve as technical supports and move under them is typically regarded as bearish. Conversely, holding above these key moving averages or breaking over them is perceived as a sign of bullishness.
Who is VNTH?
Nano Mobile Healthcare Inc operates as a mobile health technology company. It is engaged in developing point of care screening using applications based upon chemical sensing. The company is led by CEO Kevin Buckman from its headquarters in New York, NY.
For more information on VNTH 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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