Cannabis Stock Laggard: Earth Science Tech Inc (OTO:ETST) Sheds 9.26% at Midday on January 11

11/01/2017 18:25

Earth Science Tech Inc (OTO:ETST) had a tough morning trading session on January 11, declining more than most other peers in the directory of approximately 200 stocks we track in the cannabis industry with a slide of 9.26%. After closing the previous session at $0.595, shares of ETST opened this morning at 0.65 and are trading at $0.5399 at the lunch break. So far, about 6,705 shares have changed hands, compared to an average 30-day volume of 9,275 for Earth Science Tech Inc. Shares moved as high at $0.65 and as low as $0.5399 in AM trading action.

The share depreciation gives the company a market capitalization of $23.48 million based upon 39.46 million shares outstanding.

In the past 52 weeks, shares of Earth Science Tech Inc have traded as low as $0.18 and as high as $1.0. Technical traders will take note that at $0.5399, shares of ETST are trading above their 50-day moving average (MA) at $0.441 and above their 200-day MA at $0.53. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move beneath them is typically regarded as bearish.

Who is Earth Science?

Earth Science Tech Inc is a biotechnology company. It is engaged in delivering nutraceuticals, bioceuticals and dietary supplements in the areas of health, wellness, sports and alternative medicine. The company is led by its CEO Harvey Katz from its headquarters in Boca Raton, FL.

For more information on Earth Science and other companies focused on the expanding legal cannabis and medical marijuana industries or to considered for contributing content, visit today.

All data provided by QuoteMedia and was accurate as of 12:00PM ET.

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DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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