Is Greenlane Holdings Inc (NASDAQ:GNLN) Expensive At $2.20? Here’s How To Know.

In recent trading session, Greenlane Holdings Inc (NASDAQ:GNLN) saw 6.62 million shares changing hands at last check today with its beta currently measuring 1.86. Company’s recent per share price level of $2.20 trading at -$0.35 or -13.73% at last check today assigns it a market valuation of $1.45M. That most recent trading price of GNLN’s stock is at a discount of -890.91% from its 52-week high price of $21.80 and is indicating a premium of 11.36% from its 52-week low price of $1.95. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 5.81 million shares which gives us an average trading volume of 2.40 million if we extend that period to 3-months.

Greenlane Holdings Inc (NASDAQ:GNLN) trade information

Upright in the red during last session for losing -13.73%, in the last five days GNLN remained trading in the red while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $2.20 price level, adding 35.86% to its value on the day. Greenlane Holdings Inc’s shares saw a change of -61.39% in year-to-date performance and have moved -18.22% in past 5-day. Greenlane Holdings Inc (NASDAQ:GNLN) showed a performance of -51.00% in past 30-days. Number of shares sold short was 47907.0 shares which calculate 0.1 days to cover the short interests.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Greenlane Holdings Inc (GNLN) estimates and forecasts

This year revenue growth is estimated to fall -34.40% from the last financial year’s standing.

1 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 11.8M for the same. And 1 analysts are in estimates of company making revenue of 24.94M in the next quarter. Company posted 28.68M and 21.99M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 41.00% during past 5 years.

Greenlane Holdings Inc (NASDAQ:GNLN)’s Major holders

Insiders are in possession of 0.43% of company’s total shares while institution are holding 2.00 percent of that, with stock having share float percentage of 2.01%. Investors also watch the number of corporate investors in a company very closely, which is 2.00% institutions for Greenlane Holdings Inc that are currently holding shares of the company.