Green Thumb Industries (OTCMKTS:GTBIF) Reaches New 1-Year Low - Time to Sell?

Shares of Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report) hit a new 52-week low on Thursday . The company traded as low as $5.31 and last traded at $5.33, with a volume of 530361 shares trading hands. The stock had previously closed at $5.80.

Green Thumb Industries Stock Down 1.2 %

The company has a market cap of $1.06 billion, a PE ratio of 20.83 and a beta of 1.35. The firm has a 50 day simple moving average of $6.50 and a 200-day simple moving average of $8.12.

Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates 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 firm had revenue of $294.32 million during the quarter, compared to analysts' expectations of $289.66 million. As a group, equities analysts anticipate 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.