Trees (OTCMKTS:CANN) Shares Pass Above Fifty Day Moving Average – Here’s Why

Trees Co. (OTCMKTS:CANNGet Free Report) shares passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.05 and traded as high as $0.06. Trees shares last traded at $0.05, with a volume of 11,081 shares traded.

Trees Stock Down 3.2 %

The company has a 50 day moving average of $0.05 and a two-hundred day moving average of $0.07. The firm has a market cap of $5.60 million, a P/E ratio of -1.03 and a beta of -0.11.

Trees (OTCMKTS:CANNGet Free Report) last posted its quarterly earnings data on Friday, August 9th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $3.69 million for the quarter.

Trees Company Profile

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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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