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Home / Market Movers / Cannabis Stock Leader: Kaya Holdings Inc (OTCQB:KAYS) Gains 5.21% at Midday on March 20

Cannabis Stock Leader: Kaya Holdings Inc (OTCQB:KAYS) Gains 5.21% at Midday on March 20

Kaya Holdings Inc (OTCQB:KAYS) has a strong morning trading session on March 20, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an advance of 5.21%. After closing the previous session at $0.19, shares of $KAYS opened this morning at $0.188 and are trading at $0.1999 at the lunch break. So far, about 331,164 shares have changed hands, compared to an average of 30-day volume of 1.13 million for Kaya Holdings Inc. Shares moved as high at ${round high 4} and as low as $0.186 in AM trading action.

The share appreciation gives the company a market capitalization of $21.36 million based upon 112.4 million shares outstanding.

In the past 52 weeks, shares of Kaya Holdings Inc have traded as low as $0.045 and as high as $0.575. Technical traders will take note that at $0.1999, shares of KAYS are trading below their 50-day moving average (MA) at $0.281 and above their 200-day MA at $0.151. 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 KAYS?

Kaya Holdings Inc develops cannabis operations. It owns & operates Kaya Shack, a medical marijuana dispensary in Portland, Oregon. It produces, distributes & sells cannabis products, including flower, concentrates & cannabis-infused baked goods. The company is working from its headquarters in Fort Lauderdale, FL.

For more information on KAYS 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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