Trees (OTCMKTS:CANN) Shares Cross Below Fifty 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 $0.04 and traded as low as $0.02. Trees shares last traded at $0.02, with a volume of 62,344 shares.

Trees Price Performance

The company has a market capitalization of $2.07 million, a P/E ratio of -0.48 and a beta of -0.22. The firm has a fifty day moving average price of $0.04 and a 200-day moving average price of $0.05.

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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