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