Digipath Inc (OTCQB:DIGP) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 8, gaining 1.61% to close the day at $0.2016 after opening the trading day at $0.21. Today’s rise came with about 48,112 shares changing hands, compared to an average of 30-day volume of 93,256 for Digipath Inc. Shares moved as high at $0.21 and as low as $0.185 in today’s action.
The share appreciation gives the company a market capitalization of $6.29 million based upon 31.71 million shares outstanding.
In the past 52 weeks, shares of Digipath Inc have traded as low as $0.09 and as high as $0.355. Technical traders will take note that at $0.2016, shares of DIGP are trading below their 50-day moving average (MA) at $0.216 and below their 200-day MA at $0.218. 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 DIGP?
DigiPath Inc supports the cannabis industry's practices for reliable testing, cannabis education and training, and brings unbiased cannabis news coverage to the cannabis industry. The company is working from its headquarters in Las Vegas, NV.
For more information on DIGP 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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