MassRoots, Inc. (OTCMKTS:MSRT – Get Free Report)’s share price dropped 4.6% during trading on Tuesday . The stock traded as low as $2.50 and last traded at $2.51. 6,707 shares were traded during mid-day trading, a decline of 99% from the average session volume of 1,063,234 shares. The stock had previously closed at $2.63.
MassRoots Price Performance
The company has a market capitalization of $1.53 billion, a P/E ratio of 306.00 and a beta of 2.45. The company has a fifty day moving average price of $3.23 and a two-hundred day moving average price of $3.74.
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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