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

Trees Co. (OTCMKTS:CANN)’s stock price passed 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 changing hands.

Trees Trading Up 10.8 %

The stock has a market cap of $4.33 million, a price-to-earnings ratio of -0.98 and a beta of -0.21. The business has a 50 day simple moving average of $0.03 and a two-hundred day simple moving average of $0.04.

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.