MassRoots (OTCMKTS:MSRT) Stock Price Up 1% – Here’s Why

MassRoots, Inc. (OTCMKTS:MSRTGet Free Report) shares traded up 1% during mid-day trading on Wednesday . The stock traded as high as $3.95 and last traded at $3.94. 6,971 shares traded hands during trading, a decline of 99% from the average session volume of 1,063,234 shares. The stock had previously closed at $3.90.

MassRoots Price Performance

The stock has a market cap of $1.95 billion, a P/E ratio of 391.00 and a beta of 2.45. The firm’s 50-day moving average price is $4.45 and its 200-day moving average price is $5.97.

MassRoots Company Profile

(Get Free Report)

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.

Further Reading

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