Roots (OTCMKTS:RROTF) Trading Up 10.6% – Here’s Why

Roots Co. (OTCMKTS:RROTFGet Free Report) traded up 10.6% during trading on Friday . The company traded as high as $1.56 and last traded at $1.56. 12,055 shares changed hands during mid-day trading, an increase of 304% from the average session volume of 2,985 shares. The stock had previously closed at $1.41.

Roots Stock Performance

The firm has a 50 day simple moving average of $1.55 and a two-hundred day simple moving average of $1.60.

Roots Company Profile

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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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