Cafe Serendipity Holdings Inc (OTO:CAFS) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on January 25, gaining 10.99% to close the day at $0.0725 after opening the trading day at $0.07. Today’s rise came with about 80,362 shares changing hands, compared to an average of 30-day volume of 54,791 for Cafe Serendipity Holdings Inc. Shares moved as high at $0.0725 and as low as $0.056 in today’s action.
The share appreciation gives the company a market capitalization of $590,564 based upon 9.04 million shares outstanding.
In the past 52 weeks, shares of Cafe Serendipity Holdings Inc have traded as low as $0.0065 and as high as $0.099. Technical traders will take note that at $0.0725, shares of CAFS are trading above their 50-day moving average (MA) at $0.033 and above their 200-day MA at $0.019. 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 CAFS?
Force Fuels, Inc. is engaged in the production of standardized energy based products. These energy based products include traditional hydrocarbon based oil and gas as well as 'green' or 'alternative' energy, which includes solar and wind. The company is led by its CEO Oscar Luppi from its headquarters in Newport Beach, CA.
For more information on CAFS 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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