Cannabis stocks fell for the third day in a row and are now up 3.1% in February. 9% of the 56 stocks tracked here rose in price, with 2 double-digit percentage gainers and 14 double-digit percentage losers. The percentage of stocks with volume above the 30-day average was 80%, up from 41% in the prior session, with eight stocks trading over $5mm in value. One of the ten highest dollar-volume stocks rose in price as twenty-four traded above $1mm. The 420 Investor Cannabis Stock Index decreased from 88.39 to 83.33, reflecting a change of +12.5% after a 88.8% gain in 2016. The index began 2013 at 100, 2014 at 159.1, 2015 at 130.7, 2016 at 39.25 and 2017 at 74.10.
This table, which has a goal of including the most actively traded names (with a minimum price of $0.001), includes dual-listed tickers ACBFF, AGSTF, APHQF, BLOZF, EMMBF, GRPOF, MGWFF, MRPHF, NWGFF, OGRMF, SPLIF, SPRWF, THCBF and TWMJF, and thus is not reflective of all the trading activity in those tickers.
Stocks moving more than 5% on more than $500k in volume included OWC Pharma (OWCP), Rising India (RSI) and Axim Biotechnologies (AXIM) to the upside and Singlepoint (SING), Sugarmade (SGMD), Mentor Capital (MNTR), United Cannabis (CNAB), GB Sciences (GBLX), Easton Pharma (EAPH), Puration (PURA), American Green (ERBB), mCig (MCIG), Medical Marijuana, Inc. (MJNA), Surna (SRNA), MassRoots (MSRT), Cannabis Science (CBIS), Cannabis Sativa (CBDS), Cannagrow Holdings (CGRW), Hemp, Inc. (HEMP), Marijuana Company of America (MCOA), Terra Tech (TRTC), Rocky Mountain High Brands (RMHB), Cannabics (CNBX), Insys (INSY), Kush Bottles (KSHB), Americann (ACAN), American Cannabis Company (AMMJ), Innovative Industrial Properties, Canopy Growth (TWMJF) and General Cannabis (CANN) to the downside.
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Why isn't NWAV on that list?
Posted by: Eric | 02/24/2017 at 08:48 PM
It's based on volume, but not just the one-day volume
Posted by: Alan Brochstein | 02/24/2017 at 09:12 PM