Emerald Health Therapeutics (OTO:TBQBF) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 7, gaining 11.13% to close the day at $0.8857 after opening the trading day at $0.8517. Today’s rise came with about 65,355 shares changing hands, compared to an average of 30-day volume of 20,822 for Emerald Health Therapeutics. Shares moved as high at $0.9131 and as low as $0.839 in today’s action.
The share appreciation gives the company a market capitalization of $74.17 million based upon 93.06 million shares outstanding.
In the past 52 weeks, shares of Emerald Health Therapeutics have traded as low as $0.1303 and as high as $1.638. Technical traders will take note that at $0.8857, shares of TBQBF are trading below their 50-day moving average (MA) at $0.962 and above their 200-day MA at $0.833. 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 TBQBF?
Emerald Health Therapeutics Inc through its wholly-owned subsidiary is engaged in cultivation and selling of medical cannabis out of its facility located in Victoria, British Columbia. The company is working from its headquarters in Victoria, BC.
For more information on TBQBF 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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