MassRoots, Inc. (OTCMKTS:MSRT – Get Free Report)’s stock price was down 2.2% during trading on Wednesday . The company traded as low as $4.70 and last traded at $4.90. Approximately 34,089 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 1,063,234 shares. The stock had previously closed at $5.01.
MassRoots Price Performance
The stock’s 50 day moving average price is $5.65 and its two-hundred day moving average price is $5.17. The firm has a market capitalization of $2.45 billion, a price-to-earnings ratio of 490.00 and a beta of 2.45.
MassRoots Company Profile
MassRoots, Inc is a U.S.-based technology company that serves the regulated cannabis industry through a consumer-focused social networking platform. The company’s flagship mobile application enables cannabis users to discover and share information about strains, dispensaries and related products. Through user-generated reviews, photos and geotagging, MassRoots provides a community forum where enthusiasts, brands and retailers can engage in an age-restricted digital environment tailored to the evolving legal cannabis market.
In addition to its consumer app, MassRoots has expanded into the business-to-business segment with software solutions designed for dispensaries and cannabis growers.
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