Greengro Techs Inc (OTO:GRNH) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 5, gaining 7.6% to close the day at $0.0538 after opening the trading day at $0.0513. Today’s rise came with about 638,428 shares changing hands, compared to an average of 30-day volume of 1.75 million for Greengro Techs Inc. Shares moved as high at $0.0538 and as low as $0.049 in today’s action.
The share appreciation gives the company a market capitalization of $10.42 million based upon 208.49 million shares outstanding.
In the past 52 weeks, shares of Greengro Techs Inc have traded as low as $0.0375 and as high as $0.159. Technical traders will take note that at $0.0538, shares of GRNH are trading below their 50-day moving average (MA) at $0.061 and below their 200-day MA at $0.074. 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 Greengro Techs?
GreenGro Technologies Inc is a provider of eco-friendly green technologies with specific domain expertise in indoor and outdoor agricultural science systems serving both the consumer and commercial farming markets. The company is working from its headquarters in Anaheim, CA.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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