True Drinks (OTCMKTS:TRUU) Shares Cross Above Fifty Day Moving Average – Here’s What Happened

True Drinks Holdings, Inc (OTCMKTS:TRUU) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $0.28 and traded as high as $0.3225. True Drinks shares last traded at $0.2901, with a volume of 115,457 shares traded.

True Drinks Trading Down 7.0%

The stock’s fifty day simple moving average is $0.28 and its 200 day simple moving average is $0.26. The company has a market cap of $1.44 billion, a price-to-earnings ratio of 29.01 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. The company was formerly known as True Drinks, Inc and changed its name to True Drinks Holdings, Inc in October 2012. True Drinks Holdings, Inc was founded in 2008 and is headquartered in Irvine, California.