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

Trees Co. (OTCMKTS:CANNGet Free Report)’s stock price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.05 and traded as low as $0.04. Trees shares last traded at $0.04, with a volume of 205,687 shares trading hands.

Trees Stock Performance

The stock has a market cap of $4.70 million, a PE ratio of -1.08 and a beta of -0.13. The company has a 50 day moving average of $0.05 and a two-hundred day moving average of $0.07.

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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