Notable Penny Stock Movers: RTON, FBCD, MJWL, ICOA

Right On Brands Inc. (OTCMKTS:RTON) jumped 16.67% on Wednesday and closed at $0.0003. The stock saw a higher than average volume with more 11.47 million shares traded for the session, compared its 30-day average volume of 22.08 million shares. The company has a market capitalization of $2.07M. The stock moved within a range of $0.0003 – 0.0004 on Wednesday.

FBC Holding Inc. (OTCMKTS:FBCD) was another stock which saw an unusual volume on Wednesday. The stock rose 25% to end the session at $0.0003. The stock saw a total volume of 10.51 million shares, compared to its average volume of 44.87 million shares. The stock moved within a range of $0.0002 – 0.0003 in the previous trading session.

Majic Wheels Corp. (OTCMKTS:MJWL) gained about 45.69% to close at $0.0169 on Wednesday. Volume was heavy with more than 8.09 million shares traded hands, well above its average volume of 669.97K shares. The stock made session high and low of $0.0130 – 0.0270 respectively.

ICOA Inc. (OTCMKTS:ICOA) was another stock which saw an unusual volume on Wednesday. The stock rose 12.50% to end the session at $0.0009. The stock saw a total volume of 4.69 million shares, compared to its average volume of 3.95 million shares. The stock moved within a range of $0.0006 – 0.0009 in the previous trading session.