Things appear to be looking up for Greenlane Holdings Inc (GNLN)

Greenlane Holdings Inc (NASDAQ: GNLN) is -99.62% 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 $0.01 in the last trading session, with the day’s loss setting it 0.0%.

Currently trading at $0.01, the stock is -8.22% and -95.60% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 129.17 million and changing 0.00% at the moment leaves the stock -99.73% off its SMA200. GNLN registered -99.89% loss for a year compared to 6-month loss of -99.67%. The firm has a 50-day simple moving average (SMA 50) of $0.1408 and a 200-day simple moving average (SMA200) of $2.261465.

The stock witnessed a -45.13% gain in the last 1 month and extending the period to 3 months gives it a -99.11%, and is 0.00% down 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 5.24% over the week and 12.37% over the month.

Greenlane Holdings Inc (GNLN) has around 49 employees, a market worth around $6.33M 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%).

.

Greenlane Holdings Inc (GNLN) Top Institutional Holders

26.0 institutions hold shares in Greenlane Holdings Inc (GNLN), with institutional investors hold 0.19% of the company’s shares. The shares outstanding are 1.02B, and float is at 1.02B with Short Float at 0.59%. Institutions hold 0.19% of the Float.

Greenlane Holdings Inc (GNLN) Insider Activity

#####

Related Posts

News RTS
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.