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After finishing at $5.25 in the prior trading day, Greenlane Holdings Inc (NASDAQ: GNLN) closed at $3.08, down -41.33%. In other words, the price has decreased by -$41.33 from its previous closing price. On the day, 1.08 million shares were traded. GNLN stock price reached its highest trading level at $4.7 during the session, while it also had its lowest trading level at $2.86.
Ratios:
Our goal is to gain a better understanding of GNLN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 2.20. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on October 01, 2021, initiated with a Buy rating and assigned the stock a target price of $6.30.
On September 07, 2021, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $6.Alliance Global Partners initiated its Buy rating on September 07, 2021, with a $6 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GNLN now has a Market Capitalization of 3202399232 and an Enterprise Value of -3693729. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.44 while its Price-to-Book (P/B) ratio in mrq is 0.00. Its current Enterprise Value per Revenue stands at -0.376 whereas that against EBITDA is 0.352.
Stock Price History:
The Beta on a monthly basis for GNLN is 1.57, which has changed by -0.99877596 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, GNLN has reached a high of $16350.00, while it has fallen to a 52-week low of $3.83. The 50-Day Moving Average of the stock is -87.16%, while the 200-Day Moving Average is calculated to be -99.74%.
Shares Statistics:
The stock has traded on average 403.52K shares per day over the past 3-months and 668350 shares per day over the last 10 days, according to various share statistics. A total of 1.39M shares are outstanding, with a floating share count of 1.39M. Shares short for GNLN as of 1749772800 were 10336 with a Short Ratio of 0.03, compared to 1747267200 on 8038. Therefore, it implies a Short% of Shares Outstanding of 10336 and a Short% of Float of 0.0.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
