As on January 11, 2021, Greenlane Holdings Inc. (NASDAQ: GNLN) got off with the flyer as it spiked 20.27% to $6.29. During the day, the stock rose to $6.65 and sunk to $5.213 before settling in for the price of $5.23 at the close. Taking a more long-term approach, GNLN posted a 52-week range of $1.02-$5.97.
Nevertheless, stock’s Earnings Per Share (EPS) this year is -388.60%. This publicly-traded company’s shares outstanding now amounts to $12.80 million, simultaneously with a float of $12.59 million. The organization now has a market capitalization sitting at $87.43 million. At the time of writing, stock’s 50-day Moving Average stood at $3.79, while the 200-day Moving Average is $3.12.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 351 employees. It has generated 528,589 per worker during the last fiscal year. Meanwhile, its income per employee was -27,791. The stock had 22.69 Receivables turnover and 1.60 Total Asset turnover. For the Profitability, stocks gross margin was -0.72, operating margin was -13.05 and Pretax Margin of -15.62.
Greenlane Holdings Inc. (GNLN) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Pharmaceutical Retailers industry. Greenlane Holdings Inc.’s current insider ownership accounts for 0.40%, in contrast to 36.30% institutional ownership. According to the most recent insider trade that took place on Dec 18, this organization’s Chief Executive Officer sold 40,700 shares at the rate of 4.09, making the entire transaction reach 166,463 in total value, affecting insider ownership by 25,175. Preceding that transaction, on Dec 09, Company’s Chief Strategy Officer sold 40,000 for 4.08, making the whole transaction’s value amount to 163,200. This particular insider is now the holder of 8,900 in total.
Greenlane Holdings Inc. (GNLN) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 9/29/2020, the company posted -$0.16 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.1) by -$0.06. This company achieved a net margin of -5.26 while generating a return on equity of -90.95. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
Greenlane Holdings Inc.’s EPS decrease for this current 12-month fiscal period is -388.60% and is forecasted to reach -0.07 in the upcoming year.
Greenlane Holdings Inc. (NASDAQ: GNLN) Trading Performance Indicators
Let’s observe the current performance indicators for Greenlane Holdings Inc. (GNLN). It’s Quick Ratio in the last reported quarter now stands at 1.70. The Stock has managed to achieve an average true range (ATR) of 0.56. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.63.
In the same vein, GNLN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.45, a figure that is expected to reach -0.09 in the next quarter, and analysts are predicting that it will be -0.07 at the market close of one year from today.
Technical Analysis of Greenlane Holdings Inc. (GNLN)
Through scrutinizing the latest numbers posted by the [Greenlane Holdings Inc., GNLN], it can be observed that its last 5-days Average volume of 1.13 million was better the volume of 1.03 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 77.63% While, its Average True Range was 0.60.
Raw Stochastic average of Greenlane Holdings Inc. (GNLN) in the period of the previous 100 days is set at 92.53%, which indicates a major rise in contrast to 87.14% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 119.69% that was higher than 110.40% volatility it exhibited in the past 100-days period.