MassRoots (OTCMKTS:MSRT) Trading Down 4% - Time to Sell?

Key Points

• MassRoots, Inc. stock fell by 4% to $6.72, down from a previous close of $7.00, amidst significantly reduced trading volume of 37,830 shares.
• The company specializes in social media services for the cannabis community and operates a rewards program called WeedPass that incentivizes consumer purchases at dispensaries.
• MassRoots has demonstrated substantial growth in its moving averages, with a fifty-day average of $3.52 and a two-hundred-day average of $1.37.

MassRoots, Inc. (OTCMKTS:MSRT - ) dropped 4% on Tuesday . The company traded as low as $6.57 and last traded at $6.72. Approximately 37,830 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 1,063,234 shares. The stock had previously closed at $7.00.

MassRoots Stock Down 4.0%

The company has a fifty day moving average of $3.52 and a 200-day moving average of $1.37.

About MassRoots

MassRoots, Inc engages in the development and provision of social media network for the cannabis community. It offers WeedPass, a rewards program which enables consumers to earn tickets to movies, sporting events, and festivals by shopping at participating dispensaries. The company was founded by Isaac Dietrich, Stewart Fortier, Tyler Knight, and Hyler Fortier in April 2013 and is headquartered in Denver, CO.

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