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Cannabis Stock Laggard: Intl Consol Cos Inc (OTO:INCC) Sheds 11.11% at Midday on February 28

Intl Consol Cos Inc (OTO:INCC) had a tough morning trading session on February 28, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 11.11%. After closing the previous session at $0.0009, shares of INCC opened this morning at 0.0008 and are trading at $0.0008 at the lunch break. So far, about 2.4 million shares have changed hands, compared to an average 30-day volume of 18.27 million for Intl Consol Cos Inc. Shares moved as high at $0.0009 and as low as $0.0008 in AM trading action.

The share depreciation gives the company a market capitalization of $1.56 million based upon 1.73 billion shares outstanding.

In the past 52 weeks, shares of Intl Consol Cos Inc have traded as low as $0.0001 and as high as $0.0033. Technical traders will take note that at $0.0008, shares of INCC are trading below their 50-day moving average (MA) at $0.001 and below their 200-day MA at $0.001. 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 Intl Consol Cos?

International Consolidated Companies Inc aggregates companies providing contact management solutions and services in the business process outsourcing market. The company is led by its CEO from its headquarters in Sarasota, FL.

For more information on Intl Consol Cos 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 12:00PM 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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