Shares of MassRoots, Inc. (OTCMKTS:MSRT – Get Free Report) rose 0.9% on Friday . The stock traded as high as $3.96 and last traded at $3.89. Approximately 10,824 shares changed hands during trading, a decline of 99% from the average daily volume of 1,063,234 shares. The stock had previously closed at $3.8551.
MassRoots Stock Performance
The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 385.00 and a beta of 2.45. The company’s fifty day simple moving average is $3.72 and its two-hundred day simple moving average is $5.03.
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.
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