MassRoots (OTCMKTS:MSRT) Shares Up 1.5% – Should You Buy?

MassRoots, Inc. (OTCMKTS:MSRT)’s share price was up 1.5% on Wednesday . The stock traded as high as $3.4714 and last traded at $3.38. Approximately 3,096 shares traded hands during trading, a decline of 100% from the average daily volume of 1,063,234 shares. The stock had previously closed at $3.33.

MassRoots Stock Up 1.5%

The company has a market cap of $1.69 billion, a P/E ratio of 338.00 and a beta of 2.45. The firm has a 50 day moving average of $4.09 and a 200-day moving average of $5.71.

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.