Greenlane Holdings Inc (NASDAQ:GNLN) currently has a daily average trading volume of 117.16M but it saw 1467604352 shares traded in last market. With a market cap of 7.35M USD, the company’s current market price of $0.01 came rising about 26.32 while comparing to the previous closing price of $0.01.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Jefferies which initiated the stock as “Buy” in its note to investors issued on October 01, 2021, recommending a price target of $6.30 for it. Alliance Global Partners also issued its recommendations for the stock as it initiated the price target for the stock is $6.
Over the week, GNLN’s stock price is moving 16.13% up while it is -97.30% when we observe its performance for the past one month. Year-to-date it is -99.56% down and over the past year, the stock is showing a downside performance of -99.89%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.
Currently, Greenlane Holdings Inc’s total number of outstanding shares is 1.02B with 0.22% of that held by the insiders while 0.29% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -73.00% and return on equity (ROE) at -113.32%. Stock’s beta reads 1.60. Stock has a price to book (P/B) ratio of 0.00 while price to sale or P/S ratio amounts to 0.75. Its return on asset (ROA) is -46.51% on average.
