Dewmar Intl BMC Inc (OTO:DEWM) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on July 28, gaining 3.1% to close the day at $0.01196 after opening the trading day at $0.0118. Today’s rise came with about 8.57 million shares changing hands, compared to an average of 30-day volume of 41.72 million for Dewmar Intl BMC Inc. Shares moved as high at $0.0124 and as low as $0.0111 in today’s action.
The share appreciation gives the company a market capitalization of $32.01 million based upon 2.76 billion shares outstanding.
In the past 52 weeks, shares of Dewmar Intl BMC Inc have traded as low as $0.0011 and as high as $0.01761. Technical traders will take note that at $0.012, shares of DEWM are trading above their 50-day moving average (MA) at $0.007 and above their 200-day MA at $0.003. 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 Dewmar Intl?
Dewmar International BMC Inc produces carbonated beverage that is naturally sweetened. Its brands include Lean Slow Motion Potion, C+Swiss Hemp Ice Tea, CannaEnergy and Chillo. The company is working from its headquarters in Clinton, MS.
For more information on Dewmar Intl 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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