Greenlane Holdings Inc (NASDAQ: GNLN) Declined -50.94% Over The Last Month – Are There Ways To Succeed From This Decline?

During the last session, Greenlane Holdings Inc (NASDAQ:GNLN)’s traded shares were 0.45 million, with the beta value of the company hitting 1.54. At the end of the trading day, the stock’s price was $0.23, reflecting an intraday loss of -2.94% or -$0.01. The company’s market capitalization is $1.95M, and the average intraday trading volume over the past 10 days was 0.21 million shares, and the average trade volume was 271.67K shares over the past three months.

Greenlane Holdings Inc (NASDAQ:GNLN) trade information

Greenlane Holdings Inc (GNLN) registered a -2.94% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.94% in intraday trading to $0.23, hitting a weekly high. The stock’s 5-day price performance is -9.22%, and it has moved by -50.94% in 30 days. Based on these gigs, the overall price performance for the year is -96.49%. The short interest in Greenlane Holdings Inc (NASDAQ:GNLN) is 1.07 million shares and it means that shorts have 2.9 day(s) to cover.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 63.04%.

GNLN Dividends

Greenlane Holdings Inc is due to release its next quarterly earnings on 2024-Jan-08. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

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

Greenlane Holdings Inc insiders own 18.14% of total outstanding shares while institutional holders control 11.40%, with the float percentage being 13.93%.

Data provided on Dec 31, 2024 indicates that VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund owns about 973.0 shares. This amounts to just over 0.01 percent of the company’s overall shares, with a $227.0 market value.