In the latest trading session, 1.1 million Greenlane Holdings Inc (NASDAQ:GNLN) shares changed hands as the company’s beta touched 1.76. With the company’s most recent per share price at $1.80 changed hands at -$0.06 or -3.22% at last look, the market valuation stands at $2.41M. GNLN’s current price is a discount, trading about -1111.11% off its 52-week high of $21.80. The share price had its 52-week low at $1.70, which suggests the last value was 5.56% up since then. When we look at Greenlane Holdings Inc’s average trading volume, we note the 10-day average is 0.12 million shares, with the 3-month average coming to 1.31 million.
Greenlane Holdings Inc (NASDAQ:GNLN) trade information
Instantly GNLN was in red as seen in intraday trades today. With action -4.76%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -68.41%, with the 5-day performance at -4.76% in the red. However, in the 30-day time frame, Greenlane Holdings Inc (NASDAQ:GNLN) is -34.54% down. Looking at the short shares, we see there were 67620.0 shares sold at short interest cover period of 0.03 days.
Greenlane Holdings Inc (GNLN) estimates and forecasts
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 21.39M. The company’s revenue for the corresponding quarters a year ago was 28.68M. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -25.42%.
Greenlane Holdings Inc (NASDAQ:GNLN)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 0.94% of Greenlane Holdings Inc shares while 3.56% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.60%.
With 972.0 shares estimated at $1730.0 under it, the former controlled 0.07% of total outstanding shares.