Eco Science Solutions Inc (OTCQB:ESSI) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on May 2, gaining 29.17% to close the day at $1.55 after opening the trading day at $1.175. Today’s rise came with about 573,732 shares changing hands, compared to an average of 30-day volume of 315,993 for Eco Science Solutions Inc. Shares moved as high at $1.58 and as low as $1.17 in today’s action.
The share appreciation gives the company a market capitalization of $39.28 million based upon 32.73 million shares outstanding.
In the past 52 weeks, shares of Eco Science Solutions Inc have traded as low as $0.201 and as high as $4.8. Technical traders will take note that at $1.55, shares of ESSI are trading below their 50-day moving average (MA) at $3.016 and below their 200-day MA at $2.035. 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 ESSI?
Eco Science Solutions Inc is engaged in developing & manufacturing EcoFlora Plug, a revolutionary technological for spark plug & internal combustion engine used in cars. The company is working from its headquarters in Makawao, HI.
For more information on ESSI 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 4:30PM ET.
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