Trees (OTCMKTS:CANN) Shares Pass Below 50 Day Moving Average – Here’s Why

Trees Co. (OTCMKTS:CANNGet Free Report)’s share price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.03 and traded as low as $0.03. Trees shares last traded at $0.03, with a volume of 76,024 shares changing hands.

Trees Price Performance

The firm has a fifty day simple moving average of $0.03 and a two-hundred day simple moving average of $0.05. The firm has a market capitalization of $2.99 million, a P/E ratio of -0.69 and a beta of -0.10.

About Trees

(Get Free Report)

Trees Corporation provides products and services to the regulated cannabis industry in the United States. The company operates through Retail and Cultivation segments. It operates a licensed 17,000 square foot light deprivation greenhouse cultivation facility; and retail dispensary store in Englewood, Colorado, as well as retail stores in Portland, Oregon.

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