AeroGrow International Inc. (OTCQB:AERO) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 14, gaining 2.16% to close the day at $2.34 after opening the trading day at $2.25. Today’s rise came with about 1,119 shares changing hands, compared to an average of 30-day volume of 7,630 for AeroGrow International Inc.. Shares moved as high at $2.34 and as low as $2.25 in today’s action.
The share appreciation gives the company a market capitalization of $76.68 million based upon 33.48 million shares outstanding.
In the past 52 weeks, shares of AeroGrow International Inc. have traded as low as $2.1 and as high as $5.85. Technical traders will take note that at $2.34, shares of AERO are trading below their 50-day moving average (MA) at $2.532 and below their 200-day MA at $2.778. 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 AERO?
AeroGrow International Inc is engaged in developing, marketing, and distributing indoor aeroponic garden systems designed and priced to appeal to the consumer gardening, cooking and small indoor appliance markets. The company is working from its headquarters in Boulder, CO.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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