MassRoots (OTCMKTS:MSRT) Shares Down 0.8% – Here’s Why

MassRoots, Inc. (OTCMKTS:MSRT – Get Free Report) shares traded down 0.8% during trading on Monday. The company traded as low as $2.31 and last traded at $2.39. Approximately 6,574 shares traded hands during trading, a decline of 99% from the average daily volume of 1,063,234 shares. The stock had previously closed at $2.41.

MassRoots Stock Down 0.8%

The firm has a market capitalization of $1.19 billion, a price-to-earnings ratio of 239.00 and a beta of 2.45. The business has a 50-day moving average of $3.73 and a two-hundred day moving average of $3.59.

About MassRoots

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MassRoots, Inc was a cannabis-focused technology and media company best known for developing a social networking platform for cannabis consumers. The MassRoots application enabled users to share content, discuss cannabis products and strains, and connect with other members of the cannabis community.

The company also sought to serve cannabis-related businesses, including dispensaries, brands and other industry participants, through digital advertising, promotional opportunities and tools designed to help businesses reach potential customers.

Further Reading

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