Trees Co. (OTCMKTS:CANN – Get Free Report) passed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $0.09 and traded as low as $0.06. Trees shares last traded at $0.07, with a volume of 22,710 shares changing hands.
Trees Stock Up 10.8 %
The company has a market cap of $7.59 million, a PE ratio of -1.16 and a beta of -0.24. The business has a 50-day simple moving average of $0.09 and a 200-day simple moving average of $0.08.
Trees (OTCMKTS:CANN – Get Free Report) last announced its earnings results on Tuesday, May 14th. The company reported ($0.01) earnings per share (EPS) for the quarter. Trees had a negative net margin of 39.40% and a negative return on equity of 615.40%. The firm had revenue of $3.69 million during 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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