MaryJane Group Inc (The) (OTO:MJMJ) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on January 25, gaining 20.0% to close the day at $0.0003 after opening the trading day at $0.0003. Today’s rise came with about 222.69 million shares changing hands, compared to an average of 30-day volume of 25.1 million for MaryJane Group Inc (The). Shares moved as high at $0.0003 and as low as $0.0001 in today’s action.
The share appreciation gives the company a market capitalization of $620,691 based upon 2.48 billion shares outstanding.
In the past 52 weeks, shares of MaryJane Group Inc (The) have traded as low as $1e-05 and as high as $0.0007. Technical traders will take note that at $0.0003, shares of MJMJ are trading above their 50-day moving average (MA) at $0.0 and above their 200-day MA at $0.0. 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 MJMJ?
MaryJane Group Inc is engaged in providing lodging, events, spa services and brand merchandising concentrated in the cannabis industry. The company is led by its CEO Joel Schneider from its headquarters in Denver, CO.
For more information on MJMJ 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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