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Cannabis Stock Leader: Acology Inc (OTO:ACOL) Surges 15.86% in Early Trading on January 26

Acology Inc (OTO:ACOL) came out strong at the opening of trading on January 26, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an early advance of 15.86%. After closing the previous session at $0.0145, shares of ACOL opened this morning at $0.0145 and are currently trading at $0.0168. So far, about 310,434 shares have changed hands, compared to an average 30-day volume of 14.31 million for Acology Inc . Shares moved as high at $0.0168 and as low as $0.0145 in today’s early action.

The share appreciation gives the company a market capitalization of $74.88 million based upon 5.16 billion shares outstanding.

In the past 52 weeks, shares of Acology Inc have traded as low as $0.0004 and as high as $0.0175. Technical traders will take note that at $0.0168, shares of ACOL are trading above their 50-day moving average (MA) at $0.005 and above their 200-day MA at above $0.002. 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 $ACOL?

Acology Inc through its distributors, is engaged in the business of designing, manufacturing, branding & selling proprietary plastic medical grade containers that can store pharmaceuticals, herbs, teas and other solids or liquids. The company is led by its CEO from its headquarters in Corona, CA.

For more information on ACOL and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit today.

All data provided by QuoteMedia and was accurate as of 9:30AM ET.

About is a leading publisher of market news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the legal cannabis and medical marijuana markets. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts interested in all segments, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications and market exposure. A complete disclaimer can be viewed here.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

About Jeremy Wilchek

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