Players Network Inc (OTCQB:PNTV) 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 5.77%. After closing the previous session at $0.026, shares of PNTV opened this morning at $0.026 and are currently trading at $0.0275. So far, about 44,500 shares have changed hands, compared to an average 30-day volume of 1.74 million for Players Network Inc. Shares moved as high at $0.0275 and as low as $0.026 in today’s early action.
The share appreciation gives the company a market capitalization of $13.63 million based upon 524.39 million shares outstanding.
In the past 52 weeks, shares of Players Network Inc have traded as low as $0.0022 and as high as $0.048. Technical traders will take note that at $0.0275, shares of PNTV are trading above their 50-day moving average (MA) at $0.027 and above their 200-day MA at above $0.014. 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 $Players Network?
Players Network is a media and entertainment company engaged in the development of digital networks. The Company operates a Video On Demand television channel. It also cultivates and processes medical marijuana in North Las Vegas. The company is working from its headquarters in Las Vegas, NV.
For more information on Players Network 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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