Terra Tech Corp (OTCMKTS:TRTC) Reaches A New 52-Week Low
[[tagnumber 0]][[tagnumber 1]]The performance of Terra Tech Corp (OTCMKTS:TRTC) since the beginning of this year hasn’t been very promising. Apart from a few climbs, the general direction in which the ticker is heading is downward and it has reached new lows.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]The company stock was sliding through most of last week and it lost another 3.26% in Friday when it closed the session with a price of $0.1575, a new 52–week low. The total amount of shares that changed their owners during the session came at 1.2 million and generated $192 thousand in daily dollar volume.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]After all, [[tagnumber 10]]TRTC [[tagnumber 11]]recently filed its latest financial filing and it would appear that it wasn’t to the liking of investors. Here are just some of the numbers contained in the balance sheet of the report covering the first quarter of the year.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 15]] [[tagnumber 16]]cash: $274 thousand[[tagnumber 17]] [[tagnumber 16]]current assets: $1.56 million[[tagnumber 17]] [[tagnumber 16]]current liabilities: $5.46 million[[tagnumber 17]] [[tagnumber 16]]quarterly revenues: $763 thousand[[tagnumber 17]] [[tagnumber 16]]quarterly net loss: $2.07 million[[tagnumber 17]] [[tagnumber 26]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Those numbers were apparently not enough to stop [[tagnumber 10]]TRTC[[tagnumber 11]] from falling and the press releases coming from company HQ didn’t help either. Today’s session also didn’t start very well with the company stock gapping down at $0.1505. It has managed to reach a high of $0.163, but is 0.95% below Friday’s close as of the writing of this article.[[tagnumber 2]] [[tagnumber 0]] [[tagnumber 2]] [[tagnumber 0]]Although we can say that [[tagnumber 10]]TRTC [[tagnumber 11]]seems like it is stabilizing nothing is for certain, apart from the fact that doing your due diligence and weighing out the risks before putting any money on the line is crucial.[[tagnumber 2]]
