Trees (OTCMKTS:CANN) Stock Crosses Below 50-Day Moving Average – Here’s Why

Trees Co. (OTCMKTS:CANNGet Free Report) shares crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.03 and traded as low as $0.03. Trees shares last traded at $0.03, with a volume of 134,904 shares changing hands.

Trees Stock Performance

The business’s fifty day simple moving average is $0.03 and its 200-day simple moving average is $0.04. The firm has a market capitalization of $2.79 million, a PE ratio of -0.64 and a beta of -0.05.

About Trees

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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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