In the last trading session, 1.25 million Greenlane Holdings Inc (NASDAQ:GNLN) shares changed hands as the company’s beta touched 1.76. With the company’s per share price at $1.72 changed hands at -$0.14 or -7.53% during last session, the market valuation stood at $2.30M. GNLN’s last price was a discount, traded about -1167.44% 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 1.16% 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 at the end of in last trading. With action -8.99%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -69.81%, with the 5-day performance at -8.99% in the red. However, in the 30-day time frame, Greenlane Holdings Inc (NASDAQ:GNLN) is -37.45% down. Looking at the short shares, we see there were 67620.0 shares sold at short interest cover period of 0.03 days.
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%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 41.00%.
GNLN Dividends
Greenlane Holdings Inc is expected to release its next quarterly earnings report in January.
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%.