DirectView Holdings Inc (OTO:DIRV) is coming out weak in the morning trading session on January 26, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an slide of 25.0%. After closing the previous session at $0.0004, shares of DIRV opened this morning at $0.0004 and are trading at $0.0003 shortly after the opening bell. So far, about 7.28 million shares have changed hands, compared to an average of 30-day volume of 72.84 million for DirectView Holdings Inc. Shares moved as high at $0.0004 and as low as $0.0003 in today’s early action.
The share depreciation gives the company a market capitalization of $51,140 based upon 127.85 million shares outstanding.
In the past 52 weeks, shares of DirectView Holdings Inc have traded as low as $0.00025 and as high as $0.1575. Technical traders will take note that at $0.0003, shares of DIRV are trading below their 50-day moving average (MA) at $0.001 and below their 200-day MA at $0.014. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath them is typically regarded as bearish.
Who is DIRV?
DirectView Holdings Inc is a service provider of teleconferencing services to businesses and organizations. The Company also designs and installs surveillance systems, digital video recording and services. The company is led by its CEO Roger Ralston from its headquarters in Boca Raton, FL.
For more information on DIRV 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 9:30AM ET.
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