Unrivaled Brands, Inc. (OTCMKTS:TRTC – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $0.22 and traded as low as $0.1736. Unrivaled Brands shares last traded at $0.1736, with a volume of 244 shares trading hands.
Unrivaled Brands Stock Performance
The company has a debt-to-equity ratio of 0.06, a current ratio of 1.41 and a quick ratio of 1.34. The company has a market capitalization of $39.76 million, a price-to-earnings ratio of -0.77 and a beta of 2.30. The stock has a 50 day simple moving average of $0.20 and a two-hundred day simple moving average of $0.22.
About Unrivaled Brands
Unrivaled Brands, Inc is a cannabis company formerly known as Terra Tech Corp. The company has historically focused on the California cannabis market, with operations spanning retail, cultivation, manufacturing and distribution.
Its retail activities have included the Blum dispensary brand, while its product portfolio has included cannabis flower, concentrates, edibles and other consumer products sold under proprietary and acquired brands. The company’s strategy has been based on building a vertically integrated cannabis business serving adult-use and, where permitted, medical consumers.
Unrivaled Brands has faced significant financial and operational challenges, including a Chapter 11 bankruptcy filing in 2023.
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