Northsight Capital Inc (OTO:NCAP) came out strong at the opening of trading on March 21, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an early advance of 9.09%. After closing the previous session at $0.11, shares of NCAP opened this morning at $0.1179 and are currently trading at $0.12. So far, about 800 shares have changed hands, compared to an average 30-day volume of 62,072 for Northsight Capital Inc. Shares moved as high at $0.12 and as low as $0.1179 in today’s early action.
The share appreciation gives the company a market capitalization of $12.4 million based upon 112.76 million shares outstanding.
In the past 52 weeks, shares of Northsight Capital Inc have traded as low as $0.04 and as high as $0.35. Technical traders will take note that at $0.12, shares of NCAP are trading below their 50-day moving average (MA) at $0.136 and below their 200-day MA at below $0.129. 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 $NCAP?
Northsight Capital Inc provides variety of online directories for a broad range of businesses engaged in the lawful sale and distribution of cannabis and hemp related products. The company is working from its headquarters in Scottsdale, AZ.
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All data provided by QuoteMedia and was accurate as of 9:30AM ET.
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