Greenlane Holdings Inc (NASDAQ: GNLN) established initial surge of 11.75% at $0.57, before settling in for the price of $0.51 at the close. Taking a more long-term approach, GNLN posted a 52-week range of $0.37-$3.70.
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This publicly-traded company’s shares outstanding now amounts to $3.73 million, simultaneously with a float of $3.70 million. The organization now has a market capitalization sitting at $2.13 million. At the time of writing, stock’s 50-day Moving Average stood at $0.4766, while the 200-day Moving Average is $0.6421.
Greenlane Holdings Inc (GNLN) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Greenlane Holdings Inc industry. Greenlane Holdings Inc’s current insider ownership accounts for 0.98%, in contrast to 13.95% institutional ownership. According to the most recent insider trade that took place on May 22 ’23, this organization’s Chief Executive Officer bought 1,200 shares at the rate of 0.32, making the entire transaction reach 384 in total value, affecting insider ownership by 14,243.
Greenlane Holdings Inc (GNLN) Earnings and Revenue Records
Going through the last 3-months fiscal report unveiled on the 6/29/2023, it has been observed that the corporation posted -$6.56 earnings per share (EPS) during the time that was less the consensus figure (set at -$4.21) by -$2.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal 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 0.36. The Stock has managed to achieve an average true range (ATR) of 0.08. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.03.
In the same vein, GNLN’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -57.88.
Technical Analysis of Greenlane Holdings Inc (GNLN)
Now, what If we examine the latest scores posted by [Greenlane Holdings Inc, GNLN]. During the last 5-days, its volume was better the volume of 0.22 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 48.30% While, its Average True Range was 0.0872.
Raw Stochastic average of Greenlane Holdings Inc (GNLN) in the period of the previous 100 days is set at 57.36%, which indicates a major rise in contrast to 49.11% 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 116.31% that was higher than 87.26% volatility it exhibited in the past 100-days period.
