INNO Trades Steady, Outperforms the CSE25 and HMMJ Marijuana ETF

$INNO.CN stock grew by +3.39% on Friday, stock opened at $0.590 and closed at $0.610, meanwhile price action is working above 20 EMA in daily chart that shows stock is bullish in nature and MACD is also showing strength in stock. RSI is close to par, indicating that current share price is fairly valued. The market cap of the company is 159.073M, and its average 3mo volume is 52k. Last week amidst pronounced downturns in major markets and indexes, INNO continued to trade steadily, and outperformed the CSE25 Composite Index alongside the TSX's HMMJ Marijuana ETF. Despite serious background volatility, the legalization of recreational cannabis use in New Jersey and its steadily progressing R&D pipeline are clear bullish indicators for INNO's LT potential


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