Naturally Splendid (OTCQB:NSPDF) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 16, gaining 7.56% to close the day at $0.1451 after opening the trading day at $0.14. Today’s rise came with about 25,700 shares changing hands, compared to an average of 30-day volume of 29,718 for Naturally Splendid. Shares moved as high at $0.1451 and as low as $0.1352 in today’s action.
The share appreciation gives the company a market capitalization of $10.25 million based upon 76.01 million shares outstanding.
In the past 52 weeks, shares of Naturally Splendid have traded as low as $0.13 and as high as $0.453. Technical traders will take note that at $0.1451, shares of NSPDF are trading below their 50-day moving average (MA) at $0.169 and below their 200-day MA at $0.236. 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 NSPDF?
Naturally Splendid Enterprises Ltd is a multifaceted bio-tech company. It provides food supplements packaged for distribution through grocery stores, health and nutrition stores, and other outlets where consumers purchase health-related products. The company is working from its headquarters in Pitt Meadows, BC.
For more information on NSPDF 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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