Roots (OTCMKTS:RROTF) Stock Price Up 1.2% – Here’s Why

by · The Cerbat Gem

Roots Co. (OTCMKTS:RROTF – Get Free Report)’s stock price rose 1.2% during trading on Tuesday . The stock traded as high as $2.48 and last traded at $2.48. Approximately 100 shares traded hands during trading, a decline of 86% from the average daily volume of 702 shares. The stock had previously closed at $2.45.

Analyst Ratings Changes

Separately, TD Securities reissued a “buy” rating on shares of Roots in a research note on Thursday, September 11th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Roots presently has an average rating of “Buy”.

Check Out Our Latest Stock Analysis on Roots

Roots Stock Up 1.2%

The firm has a 50 day simple moving average of $2.35 and a two-hundred day simple moving average of $2.33.

Roots Company Profile

(Get Free Report)

Roots Corporation, together with its subsidiaries, designs, markets, and sells apparel, leather goods, footwear, and accessories under the Roots brand in Canada and internationally. The company operates through two segments, Direct-To-Consumer, and Partners and Other. The Direct-to-Consumer segment sells products through the company's corporate retail stores and ecommerce.

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