Chlormet Technologies Inc (OTO:PUFXF) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 16, gaining 2.92% to close the day at $0.2859 after opening the trading day at $0.2859. Today’s rise came with about 1,000 shares changing hands, compared to an average of 30-day volume of 6,163 for Chlormet Technologies Inc. Shares moved as high at $0.2859 and as low as $0.2859 in today’s action.
The share appreciation gives the company a market capitalization of $8.92 million based upon 32.1 million shares outstanding.
In the past 52 weeks, shares of Chlormet Technologies Inc have traded as low as $0.0462 and as high as $0.3474. Technical traders will take note that at $0.2859, shares of PUFXF are trading above their 50-day moving average (MA) at $0.281 and above their 200-day MA at $0.222. 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 PUFXF?
PUF Ventures Inc is engaged in medical marijuana business. The Company, through its subsidiary is engaged in the process of expanding its 1313 brand of electronic cigarettes and associated technologies. The company is working from its headquarters in Vancouver, BC.
For more information on PUFXF 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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