Cannabis Stock Leader: Vapor Corp (OTO:VPCO) Gains 42.86% at Midday on January 11

11/01/2017 18:27

Vapor Corp (OTO:VPCO) has a strong morning trading session on January 11, outpacing most other peers in the directory of approximately 200 stocks we track in the cannabis industry with an advance of 42.86%. After closing the previous session at $7e-05, shares of $VPCO opened this morning at $0.0001 and are trading at $0.0001 at the lunch break. So far, about 28.92 million shares have changed hands, compared to an average of 30-day volume of 55.75 million for Vapor Corp. Shares moved as high at ${round high 4} and as low as $0.0001 in AM trading action.

The share appreciation gives the company a market capitalization of $565,089 based upon 8.07 billion shares outstanding.

In the past 52 weeks, shares of Vapor Corp have traded as low as $1e-06 and as high as $308420.0. Technical traders will take note that at $0.0001, shares of VPCO are trading above their 50-day moving average (MA) at $0.0 and below their 200-day MA at $9.048. 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 VPCO?

Vapor Corp designs, markets and distributes electronic cigarettes, vaporizers, e-liquids and accessories. The Company markets its electronic cigarettes as an alternative to traditional tobacco cigarettes. The company is led by its CEO Jeffrey Elliot Holman from its headquarters in Dania Beach, FL.

For more information on VPCO 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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