MassRoots, Inc. (OTCMKTS:MSRT – Get Free Report)’s stock price shot up 1% during trading on Wednesday . The company traded as high as $3.95 and last traded at $3.94. 6,971 shares traded hands during mid-day trading, a decline of 99% from the average session volume of 1,063,234 shares. The stock had previously closed at $3.90.
MassRoots Stock Performance
The firm has a market capitalization of $1.97 billion, a PE ratio of 394.00 and a beta of 2.45. The company’s 50-day moving average price is $4.47 and its 200-day moving average price is $5.99.
About MassRoots
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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