Greenlane Holdings Inc (NASDAQ: GNLN) is -99.60% 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 4.43% and -93.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 90.18 million and changing -5.71% at the moment leaves the stock -99.66% off its SMA200. GNLN registered -99.88% loss for a year compared to 6-month loss of -99.62%. The firm has a 50-day simple moving average (SMA 50) of $0.10618 and a 200-day simple moving average (SMA200) of $1.963935.
The stock witnessed a -12.00% gain in the last 1 month and extending the period to 3 months gives it a -98.78%, and is 6.45% 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 8.27% over the week and 10.96% over the month.
Greenlane Holdings Inc (GNLN) has around 49 employees, a market worth around $6.74M 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
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.
