Roots (OTCMKTS:RROTF) Shares Down 10.6% – Here’s What Happened

Roots Co. (OTCMKTS:RROTFGet Free Report)’s stock price traded down 10.6% during mid-day trading on Wednesday . The company traded as low as $1.61 and last traded at $1.61. 1,400 shares traded hands during mid-day trading, an increase of 117% from the average session volume of 645 shares. The stock had previously closed at $1.80.

Roots Stock Performance

The firm has a 50-day moving average of $1.75 and a 200 day moving average of $1.59.

About Roots

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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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