Shares of Trees Co. (OTCMKTS:CANN – Get Free Report) passed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.05 and traded as low as $0.05. Trees shares last traded at $0.05, with a volume of 160,797 shares changing hands.
Trees Stock Performance
The firm’s 50-day moving average price is $0.05 and its two-hundred day moving average price is $0.07. The stock has a market cap of $5.82 million, a price-to-earnings ratio of -0.89 and a beta of -0.11.
Trees (OTCMKTS:CANN – Get Free Report) last posted its earnings results on Friday, August 9th. The company reported ($0.01) EPS for the quarter. The business had revenue of $3.69 million for the quarter.
About Trees
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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