Wee-Cig International Corp (OTO:WCIG) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on June 19, gaining 47.73% to close the day at $0.13 after opening the trading day at $0.088. Today’s rise came with about 480 shares changing hands, compared to an average of 30-day volume of 13,053 for Wee-Cig International Corp. Shares moved as high at $0.13 and as low as $0.088 in today’s action.
The share appreciation gives the company a market capitalization of $403,677 based upon 4.59 million shares outstanding.
In the past 52 weeks, shares of Wee-Cig International Corp have traded as low as $0.01 and as high as $0.2. Technical traders will take note that at $0.13, shares of WCIG are trading above their 50-day moving average (MA) at $0.077 and above their 200-day MA at $0.058. 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 WCIG?
Wee-Cig International Corp is engaged in designing, developing, manufacturing, marketing & distributing electronic cigarettes and vaporizers. Its products includes; Wee-C, Wee-T & Wee-E, Wee-V, Wee-Blockz and Wee-True. The company is working from its headquarters in Las Vegas, NV.
For more information on WCIG 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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