TREES (OTCMKTS:CANN) Stock Passes Above Fifty Day Moving Average – Time to Sell?

TREES Corporation (OTCMKTS:CANNGet Free Report)’s stock price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $0.02 and traded as high as $0.0230. TREES shares last traded at $0.0181, with a volume of 4,072 shares trading hands.

TREES Trading Down 10.8%

The company has a fifty day simple moving average of $0.02 and a 200-day simple moving average of $0.03. The company has a market capitalization of $2.08 million, a PE ratio of -0.91 and a beta of -0.54.

TREES (OTCMKTS:CANNGet Free Report) last announced its quarterly earnings results on Friday, May 15th. The company reported $999.00 EPS for the quarter.

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. The company was formerly known as General Cannabis Corp. and changed its name to Trees Corporation in June 2022. Trees Corporation was incorporated in 2013 and is headquartered in Lakewood, Colorado.

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