Trees (OTCMKTS:CANN) Stock Passes Below Fifty Day Moving Average of $0.17

Trees Co. (OTCMKTS:CANNGet Rating) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $0.17 and traded as low as $0.15. Trees shares last traded at $0.17, with a volume of 27,566 shares changing hands.

Trees Stock Up 10.3 %

The stock’s 50-day moving average price is $0.17 and its 200 day moving average price is $0.19. The company has a debt-to-equity ratio of 1.72, a current ratio of 1.63 and a quick ratio of 1.37.

About Trees

(Get Rating)

TREES Corp. is a holding company, which is engaged in the provision of lease growing space and related facilities to licensed marijuana business operators. It operates through the following segments: Security, Operations, Consumer Goods, and Investments. The Security segment provides advanced security, including on-site professionals, video surveillance and cash transport, to licensed cannabis cultivators and retail shops.

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