Unrivaled Brands, Inc. (OTCMKTS:TRTC – Get Free Report) shares crossed above its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of $0.20 and traded as high as $0.22. Unrivaled Brands shares last traded at $0.22, with a volume of 498 shares changing hands.
Unrivaled Brands Trading Down 11.4%
The firm has a market cap of $45.61 million, a price-to-earnings ratio of -0.89 and a beta of 2.30. The company’s 50-day moving average price is $0.21 and its 200-day moving average price is $0.22. The company has a quick ratio of 1.34, a current ratio of 1.41 and a debt-to-equity ratio of 0.06.
About Unrivaled Brands
Unrivaled Brands, Inc, formerly known as Terra Tech Corp., was a cannabis company focused on cultivation, manufacturing, distribution and retail operations. The company marketed cannabis and cannabis-related products through its Blüm retail brand and other proprietary product lines.
Its business historically included dispensaries, cannabis delivery services and the production of flower, concentrates and other cannabis products. Unrivaled Brands operated primarily in California and Nevada, serving both medical and adult-use cannabis markets where permitted by state law.
The company expanded through acquisitions and the development of vertically integrated cannabis operations, including cultivation and manufacturing capabilities.
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