True Drinks (OTCMKTS:TRUU) Shares Pass Above 50 Day Moving Average – What’s Next?

True Drinks Holdings, Inc (OTCMKTS:TRUU)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.28 and traded as high as $0.3225. True Drinks shares last traded at $0.2901, with a volume of 115,457 shares.

True Drinks Trading Down 7.0%

The company has a market cap of $1.44 billion, a P/E ratio of 29.01 and a beta of 10.90. The business’s 50 day simple moving average is $0.28 and its 200 day simple moving average is $0.27.

About True Drinks

True Drinks Holdings, Inc markets and distributes nutritional supplement drinks. The company sells Bazi All Natural Energy, a liquid nutritional supplement drink through drinkbazi.com. It also formulates products containing CBD; and produces and distributes vapor products in approximately 90 countries. The company was formerly known as True Drinks, Inc and changed its name to True Drinks Holdings, Inc in October 2012. True Drinks Holdings, Inc was founded in 2008 and is headquartered in Irvine, California.