Trees (OTCMKTS:CANN) Shares Cross Below 50 Day Moving Average – What’s Next?

Shares of Trees Co. (OTCMKTS:CANNGet Free Report) passed below its fifty day moving average during trading on Thursday . 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 76,024 shares changing hands.

Trees Trading Up 35.9 %

The firm’s 50-day moving average price is $0.03 and its 200 day moving average price is $0.05. The company has a market cap of $3.78 million, a price-to-earnings ratio of -0.87 and a beta of -0.10.

Trees Company Profile

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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.

Further Reading

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