Trees (OTCMKTS:CANN) Stock Passes Below 50 Day Moving Average of $0.13

Trees Co. (OTCMKTS:CANNGet Rating) shares crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $0.13 and traded as low as $0.08. Trees shares last traded at $0.09, with a volume of 118,297 shares traded.

Trees Stock Up 19.9 %

The firm’s fifty day simple moving average is $0.13 and its 200 day simple moving average is $0.16. The company has a quick ratio of 0.47, a current ratio of 0.62 and a debt-to-equity ratio of 4.86.

Trees Company Profile

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TREES Corp. is a holding company, which is engaged in the provision of lease growing space and related facilities to licensed marijuana business operators. It operates through the following segments: Security, Operations, Consumer Goods, and Investments. The Security segment provides advanced security, including on-site professionals, video surveillance and cash transport, to licensed cannabis cultivators and retail shops.

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