How Is The Greenlane Holdings Inc (NASDAQ: GNLN) Performance Outlook For The Coming Months?

Greenlane Holdings Inc (NASDAQ:GNLN) has a beta value of 1.78 and has seen 1.88 million shares traded in the last trading session. The company, currently valued at $2.87M, closed the last trade at $0.77 per share which meant it gained $0.06 on the day or 8.16% during that session. The GNLN stock price is -374.03% off its 52-week high price of $3.65 and 51.95% above the 52-week low of $0.37. The 3-month trading volume is 374.25K shares.

Greenlane Holdings Inc (NASDAQ:GNLN) trade information

Sporting 8.16% in the green in last session, the stock has traded in the green over the last five days, when the GNLN stock price touched $0.77 or saw a rise of 8.33%. Year-to-date, Greenlane Holdings Inc shares have moved 48.46%, while the 5-day performance has seen it change 28.17%. Over the past 30 days, the shares of Greenlane Holdings Inc (NASDAQ:GNLN) have changed 67.14%.

Greenlane Holdings Inc (GNLN) estimates and forecasts

The company’s shares have gained 34.91% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -34.40%.

1 analysts offering their estimates for the company have set an average revenue estimate of $11.8 million for the current quarter. 1 have an estimated revenue figure of $24.94 million for the next quarter concluding in Dec 2023. Year-ago sales stood $28.68 million and $21.99 million respectively for this quarter and the next, and analysts expect sales will shrink by -58.90% for the current quarter and 13.40% for the next.

GNLN Dividends

Greenlane Holdings Inc is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.