Insys Therapeutics Inc. (NSD:INSY) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 19, gaining 1.77% to close the day at $11.52 after opening the trading day at $11.33. Today’s rise came with about 444,663 shares changing hands, compared to an average of 30-day volume of 696,432 for Insys Therapeutics Inc.. Shares moved as high at $11.7 and as low as $11.13 in today’s action.
The share appreciation gives the company a market capitalization of $816.46 million based upon 72.13 million shares outstanding.
In the past 52 weeks, shares of Insys Therapeutics Inc. have traded as low as $8.7 and as high as $19.959. Technical traders will take note that at $11.52, shares of INSY are trading below their 50-day moving average (MA) at $11.742 and above their 200-day MA at $11.459. 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 INSY?
Insys Therapeutics Inc is a commercial-stage specialty pharmaceutical company that develops and commercializes supportive care products. The Company's two marketed products include Subsys and Dronabinol SG Capsule. The company is working from its headquarters in Chandler, AZ.
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All data provided by QuoteMedia and was accurate as of 4:30PM ET.
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