General Cannabis Corp (OTCMKTS:CANN)’s stock price shot up 1.5% during trading on Wednesday . The company traded as high as $0.74 and last traded at $0.74, 142,284 shares were traded during trading. A decline of 32% from the average session volume of 210,752 shares. The stock had previously closed at $0.73.
The firm’s 50 day moving average is $0.65 and its two-hundred day moving average is $0.83. The company has a quick ratio of 0.37, a current ratio of 0.39 and a debt-to-equity ratio of 0.04.
General Cannabis (OTCMKTS:CANN) last announced its earnings results on Friday, November 8th. The company reported ($0.06) earnings per share (EPS) for the quarter. The company had revenue of $1.48 million for the quarter. General Cannabis had a negative return on equity of 1,205.74% and a negative net margin of 251.11%.
General Cannabis Corp provides products and services to the regulated cannabis industry and non-cannabis customers in the United States. The company operates in four segments: Security and Cash Transportation Services (Security), Operations Consulting and Products (Operations), Consumer Goods and Marketing Consulting (Consumer Goods), and Capital Investments and Real Estate (Investments).
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