August 24, 2017 – By Adrian Erickson
GROWLIFE INCORPORATED (OTCMKTS:PHOT)’s shares fetched interest from OTC traders lately as its stock price moved $0.0013, reaching the $0.0196 level after last close. Companies are ranked as per their market caps, divided into mid-cap, small-cap and large-cap segments. GROWLIFE INCORPORATED (OTCMKTS:PHOT)’s market capitalization is $14.87M.
Large-cap firms have a market cap of over $10 billion. These large firms have usually been in industry for a long time, and are major contributors in well-established segments. Investors in large-cap firms don’t necessarily bank hefty returns in short-time, instead they are rewarded with an increase in share value in the long run. Mid-cap firms have a market capitalization of $2 billion-$10 billion. Mid-cap firms are usually established firms operating in an industry that is projected to experience quick growth. Mid-cap firms are usually in the mid-stage of expansion. They carry increased risk than large-cap firms as they are not as established as large cap firms, though their growth prospects remain an attraction to shareholders.
Small-cap firms have a market capitalization of $300 million-$2 billion. These smaller firms are usually newer or possibly service a new industry or niche market. Generally considered to be at increased risk than large or mid-cap in part due to its size, age and the markets they serve. Small-cap firms typically have fewer resources and are more responsive to the ebb-and-flow of stock markets.
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GROWLIFE INCORPORATED’s shares price has recorded $2250.00 month over month. Its short interest is recorded at 14,100 with as many as 0 days to close the position, against 600 in preceding month.
Over-the-counter stocks do not trade on major stock exchanges including the New York Stock