Cgrowth Capital Inc (OTO:CGRA) came out strong at the opening of trading on March 20, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an early advance of 11.63%. After closing the previous session at $0.01075, shares of CGRA opened this morning at $0.012 and are currently trading at $0.012. So far, about 2,500 shares have changed hands, compared to an average 30-day volume of 1.32 million for Cgrowth Capital Inc. Shares moved as high at $0.012 and as low as $0.012 in today’s early action.
The share appreciation gives the company a market capitalization of $2.27 million based upon 211.05 million shares outstanding.
In the past 52 weeks, shares of Cgrowth Capital Inc have traded as low as $0.0028 and as high as $0.032. Technical traders will take note that at $0.012, shares of CGRA are trading below their 50-day moving average (MA) at $0.016 and below their 200-day MA at below $0.017. 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 $CGRA?
CGrowth Capital Inc is an alternative asset management company. The Company operates in oil and gas sales, mineral sales and contracting services. The company is working from its headquarters in Silverdale, WA.
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All data provided by QuoteMedia and was accurate as of 9:30AM ET.
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