True Drinks (OTCMKTS:TRUU) Stock Crosses Below Fifty Day Moving Average - Here's Why

Key Points

• True Drinks Holdings, Inc.'s stock price fell below its 50-day moving average of $0.10, closing at $0.09 and marking an 8.0% decline.
• The company has a market capitalization of $457.49 million, with a price-to-earnings ratio of 9.20 and a high volatility indicator (beta) of 10.90.
• True Drinks specializes in marketing and distributing nutritional supplement drinks, including products containing CBD and vapor products across approximately 90 countries.

True Drinks Holdings, Inc (OTCMKTS:TRUU - )'s share price crossed below its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $0.10 and traded as low as $0.09. True Drinks shares last traded at $0.09, with a volume of 42,487 shares changing hands.

True Drinks Stock Down 8.0%

The company's fifty day moving average is $0.10 and its 200 day moving average is $0.08. The firm has a market cap of $457.49 million, a price-to-earnings ratio of 9.20 and a beta of 10.90.

About True Drinks

True Drinks Holdings, Inc markets and distributes nutritional supplement drinks. The company sells Bazi All Natural Energy, a liquid nutritional supplement drink through drinkbazi.com. It also formulates products containing CBD; and produces and distributes vapor products in approximately 90 countries.

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