Roots (OTCMKTS:RROTF) Trading 5,147% Higher – Here’s What Happened

Roots Co. (OTCMKTS:RROTF)’s stock price traded up 5,147% during trading on Monday . The company traded as high as $129.60 and last traded at $129.60. 127 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 752 shares. The stock had previously closed at $2.47.

Analyst Ratings Changes

Separately, TD Securities reaffirmed a “buy” rating on shares of Roots in a research report on Thursday, September 11th. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy”.

Roots Stock Up 5,147.0%

The company’s fifty day moving average price is $4.87 and its two-hundred day moving average price is $3.12.

About Roots

Roots Corporation, together with its subsidiaries, designs, markets, and sells apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and ecommerce.