Vapor Group Inc (OTO:VPOR) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on March 17, gaining 10.71% to close the day at $0.0031 after opening the trading day at $0.0027. Today’s rise came with about 115.98 million shares changing hands, compared to an average of 30-day volume of 138.46 million for Vapor Group Inc. Shares moved as high at $0.0032 and as low as $0.0027 in today’s action.
The share appreciation gives the company a market capitalization of $11.16 million based upon 3.98 billion shares outstanding.
In the past 52 weeks, shares of Vapor Group Inc have traded as low as $0.0001 and as high as $0.0068. Technical traders will take note that at $0.0031, shares of VPOR are trading above their 50-day moving average (MA) at $0.002 and above 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 above them is typically regarded as bullish.
Who is VPOR?
Vapor Group Inc designs, develops, manufactures and markets vaporizers and e-cigarettes. The Company also offers a range of e-liquid flavors. Its products are marketed under the Vapor Group, Total Vapor, Vapor 123, and Vapor Products brands. The company is working from its headquarters in Davie, FL.
For more information on VPOR 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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