Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report)'s share price reached a new 52-week low on Tuesday . The stock traded as low as $6.57 and last traded at $6.69, with a volume of 661999 shares traded. The stock had previously closed at $7.03.
Wall Street Analysts Forecast Growth
Separately, Roth Capital raised shares of Green Thumb Industries to a "strong-buy" rating in a research report on Sunday, November 10th. Two investment analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, Green Thumb Industries has an average rating of "Strong Buy" and an average target price of $16.50.
View Our Latest Stock Analysis on GTBIF
Green Thumb Industries Stock Performance
The stock has a 50 day moving average price of $7.27 and a 200 day moving average price of $8.85. The company has a market capitalization of $1.49 billion, a P/E ratio of 29.33 and a beta of 1.30.
Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.02). Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. The company had revenue of $294.32 million during the quarter, compared to the consensus estimate of $289.66 million. As a group, sell-side analysts expect that Green Thumb Industries Inc. will post 0.32 earnings per share for the current year.
Green Thumb Industries Company Profile
(
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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.
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