CV Sciences Inc. (OTCQB:CVSI) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on July 28, gaining 3.53% to close the day at $0.264 after opening the trading day at $0.26. Today’s rise came with about 124,223 shares changing hands, compared to an average of 30-day volume of 348,050 for CV Sciences Inc.. Shares moved as high at $0.27 and as low as $0.2554 in today’s action.
The share appreciation gives the company a market capitalization of $22.81 million based upon 89.45 million shares outstanding.
In the past 52 weeks, shares of CV Sciences Inc. have traded as low as $0.193 and as high as $0.9866. Technical traders will take note that at $0.264, shares of CVSI are trading below their 50-day moving average (MA) at $0.273 and below their 200-day MA at $0.396. 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 CVSI?
CV Sciences Inc is a life science company. It operates two business segments specialty pharmaceutical and consumer product. The company is working from its headquarters in Las Vegas, NV.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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