Shares Of Greenlane Holdings Inc (NASDAQ: GNLN) Decreased By -49.83% In A Month

Greenlane Holdings Inc (NASDAQ:GNLN) has a beta value of 1.58 and has seen 4.44 million shares traded in the recent trading session. The company, currently valued at $4.01M, closed the recent trade at $2.9 per share which meant it lost -$0.19 on the day or -6.23% during that session. The GNLN stock price is -563693.1% off its 52-week high price of $16350.00 and 1.38% above the 52-week low of $2.86. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.53 million shares traded. The 3-month trading volume is 995.75K shares.

Greenlane Holdings Inc (NASDAQ:GNLN) trade information

Sporting -6.23% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the GNLN stock price touched $2.9 or saw a rise of 22.67%. Year-to-date, Greenlane Holdings Inc shares have moved -99.87%, while the 5-day performance has seen it change -16.02%. Over the past 30 days, the shares of Greenlane Holdings Inc (NASDAQ:GNLN) have changed -49.83%. Short interest in the company has seen 10336.0 shares shorted with days to cover at 0.03.

Greenlane Holdings Inc (GNLN) estimates and forecasts

The company’s shares have lost -99.76% over the past 6 months.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 63.04% over the past 5 years.

GNLN Dividends

Greenlane Holdings Inc is expected to release its next earnings report on 2024-Jan-09 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

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

Insiders own 0.04% of the company shares, while shares held by institutions stand at 0.19% with a share float percentage of 0.19%. Investors are also buoyed by the number of investors in a company, with Greenlane Holdings Inc having a total of 11.0 institutions that hold shares in the company.

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