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Cannabis Stock Leader: Surna Inc (OTCQB:SRNA) Advances 4.69% for July 26

Surna Inc (OTCQB:SRNA) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on July 26, gaining 4.69% to close the day at $0.134 after opening the trading day at $0.128. Today’s rise came with about 191,890 shares changing hands, compared to an average of 30-day volume of 289,653 for Surna Inc. Shares moved as high at $0.139 and as low as $0.122 in today’s action.

The share appreciation gives the company a market capitalization of $23.46 million based upon 183.29 million shares outstanding.

In the past 52 weeks, shares of Surna Inc have traded as low as $0.0725 and as high as $0.294. Technical traders will take note that at $0.134, shares of SRNA are trading above their 50-day moving average (MA) at $0.124 and below their 200-day MA at $0.167. 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 Surna Inc?

Surna Inc designs, manufactures, and distributes systems for controlled environment agriculture. Its products offer growers improved process control while simultaneously reducing the energy and resources required to maximize crop yield. The company is working from its headquarters in Boulder, CO.

For more information on Surna Inc and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit today.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

About is a leading publisher of market news, commentary, proprietary research and videos from seasoned journalists, analysts and contributors covering the legal cannabis and medical marijuana markets. Leveraging our extensive distribution network and social media presence, we have cultivated a valuable audience of engaged market enthusiasts interested in all segments, which in turn delivers a variety of unique opportunities for industry partnerships, corporate communications and market exposure. A complete disclaimer can be viewed here.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

About Jeremy Wilchek

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