Trees (OTCMKTS:CANN) Stock Crosses Above 50 Day Moving Average – Should You Sell?

Trees Co. (OTCMKTS:CANNGet Free Report)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.05 and traded as high as $0.06. Trees shares last traded at $0.05, with a volume of 11,081 shares traded.

Trees Stock Performance

The firm has a market capitalization of $6.07 million, a PE ratio of -1.12 and a beta of -0.11. The company’s 50-day moving average price is $0.05 and its 200-day moving average price is $0.07.

Trees (OTCMKTS:CANNGet Free Report) last released its quarterly earnings data on Friday, August 9th. The company reported ($0.01) earnings per share (EPS) for the quarter. The firm had revenue of $3.69 million for the quarter.

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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