$RMHB - Cannabis Stock Leader: Rocky Mountain High
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Posted On: 01/31/2017 11:16:43 AM
$RMHB - Cannabis Stock Leader: Rocky Mountain High Brands Inc. (OTCQB: RMHB) Advances 11.67% for January 30.
Rocky Mountain High Brands Inc. is developing and selling a lineup of five hemp-infused beverages through its distributor network and online. Rocky Mountain High Brands is launching a hemp-infused Energy Bar, Protein Bar and Chia Crisp Bar.
Rocky Mountain High Brands Inc. (OTCQB: RMHB) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on January 30, gaining 11.67% to close the day at $0.134 after opening the trading day at $0.127. Today’s rise came with about 9.72 million shares changing hands, compared to an average of 30-day volume of 9.03 million for Rocky Mountain High Brands Inc. Shares moved as high at $0.134 and as low as $0.125 in today’s action.
The share appreciation gives the company a market capitalization of $27.89 million based upon 232.43 million shares outstanding.
In the past 52 weeks, shares of Rocky Mountain High Brands Inc. have traded as low as $0.02 and as high as $0.164. Technical traders will take note that at $0.134, shares of RMHB are trading above their 50-day moving average (MA) at $0.051 and above their 200-day MA at $0.045. 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.
Kgem
Rocky Mountain High Brands Inc. is developing and selling a lineup of five hemp-infused beverages through its distributor network and online. Rocky Mountain High Brands is launching a hemp-infused Energy Bar, Protein Bar and Chia Crisp Bar.
Rocky Mountain High Brands Inc. (OTCQB: RMHB) outpaced most other peers in the directory of the approximately 200 stocks we track in the cannabis industry on January 30, gaining 11.67% to close the day at $0.134 after opening the trading day at $0.127. Today’s rise came with about 9.72 million shares changing hands, compared to an average of 30-day volume of 9.03 million for Rocky Mountain High Brands Inc. Shares moved as high at $0.134 and as low as $0.125 in today’s action.
The share appreciation gives the company a market capitalization of $27.89 million based upon 232.43 million shares outstanding.
In the past 52 weeks, shares of Rocky Mountain High Brands Inc. have traded as low as $0.02 and as high as $0.164. Technical traders will take note that at $0.134, shares of RMHB are trading above their 50-day moving average (MA) at $0.051 and above their 200-day MA at $0.045. 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.
Kgem
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