Trees (OTCMKTS:CANN) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Trees Co. (OTCMKTS:CANNGet Free Report)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.03 and traded as high as $0.03. Trees shares last traded at $0.03, with a volume of 57,370 shares changing hands.

Trees Trading Up 9.2 %

The company’s fifty day simple moving average is $0.03 and its 200 day simple moving average is $0.04. The firm has a market capitalization of $3.54 million, a P/E ratio of -0.80 and a beta of -0.21.

About Trees

(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.

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