Green Thumb Industries (OTCMKTS:GTBIF) Sets New 12-Month Low - Here's What Happened

Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report) reached a new 52-week low on Thursday . The company traded as low as $6.05 and last traded at $6.05, with a volume of 226651 shares trading hands. The stock had previously closed at $6.17.

Green Thumb Industries Stock Down 1.5 %

The firm has a 50 day moving average of $6.94 and a 200-day moving average of $8.55. The firm has a market capitalization of $1.24 billion, a P/E ratio of 24.38 and a beta of 1.30.

Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.02). The company had revenue of $294.32 million for the quarter, compared to analyst estimates of $289.66 million. Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. As a group, research analysts expect that Green Thumb Industries Inc. will post 0.32 EPS for the current year.

About Green Thumb Industries

Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.