Zoned Properties Inc (OTCQX:ZDPY) 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 8.28%. After closing the previous session at $1.57, shares of ZDPY opened this morning at $1.64 and are currently trading at $1.7. So far, about 1,640 shares have changed hands, compared to an average 30-day volume of 21,120 for Zoned Properties Inc. Shares moved as high at $1.7 and as low as $1.64 in today’s early action.
The share appreciation gives the company a market capitalization of $26.99 million based upon 17.19 million shares outstanding.
In the past 52 weeks, shares of Zoned Properties Inc have traded as low as $0.87 and as high as $5.5. Technical traders will take note that at $1.7, shares of ZDPY are trading below their 50-day moving average (MA) at $1.953 and below their 200-day MA at below $2.072. 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 $ZDPY?
Zoned Properties Inc is a real estate development company. It is engaged in identifying, developing and leasing properties in emerging industries including the licensed marijuana industry. The company is working from its headquarters in Scottsdale, AZ.
For more information on ZDPY 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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