MassRoots (OTCMKTS:MSRT) Stock Falls 0.8% – Here’s Why

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

MassRoots Stock Down 1.7%

The stock has a fifty day simple moving average of $3.71 and a 200-day simple moving average of $3.57. The company has a market capitalization of $1.17 billion, a P/E ratio of 235.00 and a beta of 2.45.

MassRoots Company Profile

(Get Free Report)

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.

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