Nutritional High International Inc (OTCQB:SPLIF) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 16, gaining 6.15% to close the day at $0.069 after opening the trading day at $0.0681. Today’s rise came with about 14,181 shares changing hands, compared to an average of 30-day volume of 44,839 for Nutritional High International Inc. Shares moved as high at $0.069 and as low as $0.0652 in today’s action.
The share appreciation gives the company a market capitalization of $15.79 million based upon 242.91 million shares outstanding.
In the past 52 weeks, shares of Nutritional High International Inc have traded as low as $0.0226 and as high as $0.321. Technical traders will take note that at $0.069, shares of SPLIF are trading below their 50-day moving average (MA) at $0.088 and below their 200-day MA at $0.13. 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 SPLIF?
Nutritional High International Inc is engaged in process of developing brands, trademark applications, and packaging for a confectionery line. It is also developing a licensing/franchising system to work with licensed marijuana edibles manufacturers. The company is working from its headquarters in Toronto, ON.
For more information on SPLIF 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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