TREES (OTCMKTS:CANN) Stock Passes Above 50-Day Moving Average – Here’s Why

TREES Corporation (OTCMKTS:CANNGet Free Report) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.04 and traded as high as $0.0407. TREES shares last traded at $0.0318, with a volume of 1,187,131 shares.

TREES Price Performance

The stock’s 50-day moving average is $0.04 and its 200 day moving average is $0.03. The stock has a market cap of $3.53 million, a price-to-earnings ratio of -1.59 and a beta of -0.22.

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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