Trees (OTCMKTS:CANN) Stock Passes Above Fifty Day Moving Average – Here’s What Happened

Shares of Trees Co. (OTCMKTS:CANNGet Free Report) crossed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.03 and traded as high as $0.03. Trees shares last traded at $0.03, with a volume of 57,370 shares trading hands.

Trees Price Performance

The stock’s fifty day simple moving average is $0.03 and its two-hundred day simple moving average is $0.04. The company has a market capitalization of $3.24 million, a price-to-earnings ratio of -0.73 and a beta of -0.21.

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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