MCIG Inc. Shares Making Waves Amidst Price Changes

MCIG Inc.

At the conclusion of the most recent close, MCIG Inc. (OTC:$MCIG) shares hit a $0.174 high.

MCIG Ins.’s price change % over the last week is -2.79%. Its % price change over the previous month is 22.53% and previous three months is -10.31%. Finally, looking back over the past year-to-date, Mcig Inc.’s price change % is -8.66%.

MCIG Inc.’s 52-week high-low range price % is 19.63. While there are countless factors that affect a security’s price and there, its range, macroeconomic factors such as interest rates and economic cycles are the main determinants.

Beta measures the volatility of a security in comparison to the market as a whole. The tendency of a security’s returns is to respond to swings in the market. For instance, a beta of 1 means that the security’s price will move in lockstep with the market. A beta of less than 1 indicates that the security will be less volatile to the market. A beta of greater than 1 reveals that the security’s price will be more volatile than the market. MCIG Inc. currently sees a Beta number of -6.98.

Lastly, Mcig currently has a total $392.69 million in outstanding shares.

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About the author: Jennifer is a University of Western Ontario graduate with a degree in International Business. She strives to excel as a content creator in the digital sphere, working with clients in the Finance and Tech industry to leverage clickable taglines, images, and articles in driving traffic. When not writing, Jennifer enjoys photography, copywriting, and video production.