Great Spirit Inc (OTO:GRSO) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 8, gaining 6.96% to close the day at $0.0599 after opening the trading day at $0.11. Today’s rise came with about 153,880 shares changing hands, compared to an average of 30-day volume of 151,334 for Great Spirit Inc. Shares moved as high at $0.11 and as low as $0.0321 in today’s action.
The share appreciation gives the company a market capitalization of $2.62 million based upon 46.72 million shares outstanding.
In the past 52 weeks, shares of Great Spirit Inc have traded as low as $0.055 and as high as $1.0. Technical traders will take note that at $0.0599, shares of GRSO are trading below their 50-day moving average (MA) at $0.083 and below their 200-day MA at $0.224. 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 GRSO?
Grow Solutions Holdings Inc is engaged in providing solutions for urban gardening and legal production of medical marijuana. The company is working from its headquarters in New York, NY.
For more information on GRSO 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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