Trees (OTCMKTS:CANN) Share Price Passes Below Fifty Day Moving Average of $0.09

Trees Co. (OTCMKTS:CANNGet Free Report) passed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of $0.09 and traded as low as $0.08. Trees shares last traded at $0.11, with a volume of 659,668 shares changing hands.

Trees Stock Up 27.3 %

The company has a current ratio of 0.32, a quick ratio of 0.20 and a debt-to-equity ratio of 21.81. The firm has a market cap of $12.11 million, a PE ratio of -1.59 and a beta of 0.03. The business’s 50-day simple moving average is $0.09 and its 200 day simple moving average is $0.09.

Trees (OTCMKTS:CANNGet Free Report) last posted its quarterly earnings data on Wednesday, April 10th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $3.82 million for the quarter. Trees had a negative return on equity of 615.40% and a negative net margin of 39.04%.

Trees Company Profile

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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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