Verano Holdings Corp. (OTCMKTS:VRNOF - Get Free Report) shares were down 0.3% during trading on Tuesday . The company traded as low as $1.14 and last traded at $1.19. Approximately 200,755 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 337,032 shares. The stock had previously closed at $1.19.
Analyst Ratings Changes
Separately, Roth Capital raised Verano to a "strong-buy" rating in a research note on Sunday, November 10th.
Read Our Latest Analysis on VRNOF
Verano Stock Performance
The firm has a market cap of $419.73 million, a P/E ratio of -2.85 and a beta of 0.89. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.52 and a current ratio of 0.99. The stock's 50-day moving average is $1.43 and its 200 day moving average is $2.79.
Verano (OTCMKTS:VRNOF - Get Free Report) last released its quarterly earnings data on Thursday, November 7th. The company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.09). Verano had a negative net margin of 16.31% and a negative return on equity of 7.48%. The business had revenue of $216.68 million for the quarter, compared to the consensus estimate of $226.64 million. On average, research analysts predict that Verano Holdings Corp. will post -0.18 earnings per share for the current year.
About Verano
(
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Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia.
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