Greenlane Holdings Inc (NASDAQ: GNLN) is -99.39% lower on its value in year-to-date trading. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GNLN stock was last observed hovering at around $0.02 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.01, the stock is 42.25% and -87.02% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 740.53 million and changing -34.42% at the moment leaves the stock -99.44% off its SMA200. GNLN registered -99.81% loss for a year compared to 6-month loss of -99.38%.
The stock witnessed a 62.90% gain in the last 1 month and extending the period to 3 months gives it a -98.09%, and is 53.03% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 45.61% over the week and 20.26% over the month.
Greenlane Holdings Inc (GNLN) has around 49 employees, a market worth around $10.31M and $9.82M in sales. Profit margin for the company is -173.29%. The company has generated returns on investments over the last 12 months (-73.00%).
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Greenlane Holdings Inc (GNLN) Top Institutional Holders
The shares outstanding are 1.02B, and float is at 1.02B with Short Float at 0.24%.
