Witnessing the stock’s movement on the chart, on February 09, 2021, Greenlane Holdings Inc. (NASDAQ: GNLN) set off with pace as it heaved 18.59% to $7.08. During the day, the stock rose to $7.15 and sunk to $5.82 before settling in for the price of $5.97 at the close. Taking a more long-term approach, GNLN posted a 52-week range of $1.02-$6.65.
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 $12.40 million. The organization now has a market capitalization sitting at $92.96 million. At the time of writing, stock’s 50-day Moving Average stood at $4.76, while the 200-day Moving Average is $3.46.
If we measure the efficiency of the company that is accounted for 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
Nothing is more important than checking the behaviour of major investors towards the stock of the Pharmaceutical Retailers industry. Greenlane Holdings Inc.’s current insider ownership accounts for 1.10%, in contrast to 38.10% institutional ownership. According to the most recent insider trade that took place on Jan 29, this organization’s Chief Strategy Officer sold 35,000 shares at the rate of 4.51, making the entire transaction reach 157,850 in total value, affecting insider ownership by 17,667. Preceding that transaction, on Jan 27, Company’s Chief Executive Officer sold 44,400 for 4.35, making the whole transaction’s value amount to 193,140. This particular insider is now the holder of 110,775 in total.
Greenlane Holdings Inc. (GNLN) Earnings and Revenue Records
As on 9/29/2020, Multinational firm has announced its last quarter scores, in which it reported -$0.16 earnings per share (EPS) for the period falling under the consensus outlook (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 0.65. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.67.
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)
Going through the that latest performance of [Greenlane Holdings Inc., GNLN]. Its last 5-days volume of 1.08 million indicated improvement to the volume of 0.87 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 90.18% While, its Average True Range was 0.67.
Raw Stochastic average of Greenlane Holdings Inc. (GNLN) in the period of the previous 100 days is set at 98.68%, which indicates a major rise in contrast to 97.73% 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 107.64% that was lower than 114.14% volatility it exhibited in the past 100-days period.