Unrivaled Brands, Inc. (OTCMKTS:TRTC – Get Free Report)’s share price passed above its 50-day moving average during trading on Monday. The stock has a 50-day moving average of $0.20 and traded as high as $0.24. Unrivaled Brands shares last traded at $0.1738, with a volume of 1,540 shares trading hands.
Unrivaled Brands Stock Up 13.8%
The company has a quick ratio of 1.34, a current ratio of 1.41 and a debt-to-equity ratio of 0.06. The business has a 50-day simple moving average of $0.20 and a 200-day simple moving average of $0.22. The company has a market cap of $46.26 million, a PE ratio of -0.90 and a beta of 2.30.
Unrivaled Brands Company Profile
Unrivaled Brands, Inc is a cannabis company formerly known as Terra Tech Corp. The company has historically focused on the California cannabis market, with operations spanning retail, cultivation, manufacturing and distribution.
Its retail activities have included the Blum dispensary brand, while its product portfolio has included cannabis flower, concentrates, edibles and other consumer products sold under proprietary and acquired brands. The company’s strategy has been based on building a vertically integrated cannabis business serving adult-use and, where permitted, medical consumers.
Unrivaled Brands has faced significant financial and operational challenges, including a Chapter 11 bankruptcy filing in 2023.
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