AeroGrow International Inc. (OTCQB:AERO) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on July 26, gaining 3.7% to close the day at $2.8 after opening the trading day at $2.68. Today’s rise came with about 15,174 shares changing hands, compared to an average of 30-day volume of 11,034 for AeroGrow International Inc.. Shares moved as high at $2.8 and as low as $2.6 in today’s action.
The share appreciation gives the company a market capitalization of $90.39 million based upon 33.48 million shares outstanding.
In the past 52 weeks, shares of AeroGrow International Inc. have traded as low as $2.1 and as high as $5.85. Technical traders will take note that at $2.8, shares of AERO are trading above their 50-day moving average (MA) at $2.377 and above their 200-day MA at $2.748. 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 AERO?
AeroGrow International Inc is engaged in developing, marketing, and distributing indoor aeroponic garden systems designed and priced to appeal to the consumer gardening, cooking and small indoor appliance markets. The company is working from its headquarters in Boulder, CO.
For more information on AERO 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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