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Industry Analysis: Should You Buy mCig Inc (MCIG) in Tobacco?

Friday, January 17, 2020 12:19 PM | InvestorsObserver Analysts

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Industry Analysis: Should You Buy mCig Inc (MCIG) in Tobacco?

The 3 rating InvestorsObserver gives to mCig Inc (MCIG) stock puts it near the bottom of the Tobacco industry. In addition to scoring higher than 0 percent of stocks in the Tobacco industry, MCIG’s 3 overall rating means the stock scores better than 3 percent of all stocks.

Click Here to get the full Stock Score Report on mCig Inc (MCIG) Stock.

What do These Ratings Mean?

Finding the best stocks can be tricky. It isn’t easy to compare companies across industries. Even companies that have relatively similar businesses can be tricky to compare sometimes. InvestorsObserver’s tools allow a top-down approach that lets you pick a metric, find the top sector and industry and then find the top stocks in that sector.

Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With mCig Inc Stock Today?

mCig Inc (MCIG) stock is trading at $0.03 as of 12:01 PM on Friday, Jan 17, an increase of $0.01, or 47.74% from the previous closing price of $0.02. The stock has traded between $0.02 and $0.04 so far today. Volume today is above average. So far 7,061,847 shares have traded compared to average volume of 715,372 shares.

To see InvestorsObserver's Sentiment Score for mCig Inc click here.

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