MassRoots, Inc. (OTCMKTS:MSRT – Get Free Report)’s stock price was down 2.1% during trading on Wednesday . The stock traded as low as $5.7050 and last traded at $6.14. Approximately 21,805 shares were traded during trading, a decline of 98% from the average daily volume of 1,063,234 shares. The stock had previously closed at $6.27.
MassRoots Stock Performance
The firm has a market capitalization of $2.80 billion, a price-to-earnings ratio of 560.00 and a beta of 2.45. The firm has a 50 day moving average price of $7.14 and a two-hundred day moving average price of $4.13.
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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