Trees (OTCMKTS:CANN) Stock Passes Above 50-Day Moving Average – Here’s What Happened

Shares of Trees Co. (OTCMKTS:CANNGet Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.03 and traded as high as $0.04. Trees shares last traded at $0.04, with a volume of 314,341 shares traded.

Trees Trading Up 10.8 %

The firm has a market capitalization of $4.33 million, a P/E ratio of -0.98 and a beta of -0.21. The company has a 50 day moving average of $0.03 and a 200-day moving average of $0.04.

Trees Company Profile

(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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