Trees (OTCMKTS:CANN) Stock Price Crosses Below Fifty Day Moving Average of $0.06

Trees Co. (OTCMKTS:CANNGet Free Report)’s stock price passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $0.06 and traded as low as $0.05. Trees shares last traded at $0.05, with a volume of 3,065 shares changing hands.

Trees Price Performance

The company has a market capitalization of $5.87 million, a P/E ratio of -0.88 and a beta of -0.24. The business has a 50-day moving average of $0.06 and a 200-day moving average of $0.08.

Trees (OTCMKTS:CANNGet Free Report) last released its quarterly earnings results on Friday, August 9th. The company reported ($0.01) EPS for the quarter. Trees had a negative return on equity of 615.40% and a negative net margin of 37.14%. The firm had revenue of $3.69 million for the quarter.

Trees Company Profile

(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.

Recommended Stories

Receive News & Ratings for Trees Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Trees and related companies with MarketBeat.com's FREE daily email newsletter.