Vape Holdings, Inc. (OTCMKTS:VAPE – Get Free Report)’s share price crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $3.06 and traded as high as $3.11. Vape shares last traded at $3.06, with a volume of 140,717 shares changing hands.
Trending Headlines about Vape
Here are the key news stories impacting Vape this week:
- Negative Sentiment: Several news reports say state officials and attorneys general are pushing back against the FDA’s plan to ease flavored-vape approvals, which could make the regulatory path more uncertain for the industry and pressure sentiment on VAPE. Vape War: New Jersey Joins 21-State Surge Against FDA’s New Flavor Rules
- Negative Sentiment: Reports that top Health and Human Services and FDA officials are resigning amid the flavored-vape approval fight suggest policy instability and a more contentious regulatory backdrop for vape companies. Top HHS spokesman quits over flavored vape approval fight
- Negative Sentiment: Additional coverage says bipartisan opposition is forming against FDA efforts to loosen flavored-vape approvals, reinforcing the risk that stricter or delayed rules could weigh on industry growth. Connecticut AG leads bipartisan efforts against FDA plan to ease flavored vape approvals
- Negative Sentiment: Media coverage describing “Trump’s Vape Fallout” and the departure of federal officials adds to the impression of policy turmoil, which is typically a headwind for small-cap vape names like VAPE. Trump’s Vape Fallout Is Growing
- Neutral Sentiment: Other articles discuss broader tobacco and vape industry politics and public debate, but they do not directly identify a company-specific catalyst for Vape Holdings. With a Friend in Trump, the Tobacco Industry Secures a Lucrative Win
- Neutral Sentiment: Commentary pieces about flavored-vape policy and public discussion around bans are unlikely to move VAPE on their own unless they lead to concrete regulatory action. New federal vape rules expected to build on Virginia’s forthcoming vape law
Vape Stock Performance
The company has a market capitalization of $2.57 million, a P/E ratio of -0.72 and a beta of 0.77. The firm’s fifty day moving average is $3.06 and its 200-day moving average is $4.83.
Vape Company Profile
Vape Holdings, Inc does not have significant operations. Previously, the company was engaged in design, marketing, and distribution of ceramic vaporization products. Vape Holdings, Inc is based in Agoura Hills, California.
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