Freedom Leaf Inc (OTCQB:FRLF) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on July 27, gaining 6.77% to close the day at $0.044845 after opening the trading day at $0.0435. Today’s rise came with about 106,045 shares changing hands, compared to an average of 30-day volume of 174,790 for Freedom Leaf Inc. Shares moved as high at $0.045 and as low as $0.0435 in today’s action.
The share appreciation gives the company a market capitalization of $4.42 million based upon 105.17 million shares outstanding.
In the past 52 weeks, shares of Freedom Leaf Inc have traded as low as $0.0288 and as high as $0.31. Technical traders will take note that at $0.0448, shares of FRLF are trading above their 50-day moving average (MA) at $0.043 and below their 200-day MA at $0.082. 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 Freedom Leaf?
Freedom Leaf Inc is a development stage company. The Company is engaged in the print and online publications of news, art, fashion, lifestyle, entertainment and the cannabis industry through social media and on its website. The company is working from its headquarters in Las Vegas, NV.
For more information on Freedom Leaf 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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