True Drinks (OTCMKTS:TRUU) Share Price Passes Below 50 Day Moving Average – Here’s What Happened

True Drinks Holdings, Inc (OTCMKTS:TRUUGet Free Report) shares passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $0.29 and traded as low as $0.19. True Drinks shares last traded at $0.2201, with a volume of 478,125 shares changing hands.

True Drinks Stock Performance

The business has a 50 day moving average price of $0.29 and a 200-day moving average price of $0.18. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 20.79 and a beta of 10.90.

About True Drinks

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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.

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