Medical Cannabis Payment Solutions (OTO:REFG) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on July 27, gaining 8.93% to close the day at $0.0433 after opening the trading day at $0.0326. Today’s rise came with about 84,315 shares changing hands, compared to an average of 30-day volume of 123,978 for Medical Cannabis Payment Solutions. Shares moved as high at $0.0433 and as low as $0.03 in today’s action.
The share appreciation gives the company a market capitalization of $5.21 million based upon 131.18 million shares outstanding.
In the past 52 weeks, shares of Medical Cannabis Payment Solutions have traded as low as $0.0301 and as high as $0.2. Technical traders will take note that at $0.0433, shares of REFG are trading below their 50-day moving average (MA) at $0.068 and below their 200-day MA at $0.102. 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 REFG?
Medical Cannabis Payment Solutions Inc is a medical cannabis company. It is engaged in the development of ancillary services for the medical marijuana industry. The company is working from its headquarters in Cheyenne, WY.
For more information on REFG 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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