Currently, there are 1.02B common shares owned by the public and among those 1.02B shares have been available to trade.
The company’s stock has a 5-day price change of 53.03% and -98.09% over the past three months. GNLN shares are trading -99.39% year to date (YTD), with the 12-month market performance down to -99.81% lower. GNLN has an average intraday trading volume of 232.37 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 42.25%, -87.02%, and -99.44% respectively.
Institutional ownership of Greenlane Holdings Inc (NASDAQ: GNLN) shares accounts for 0.23% of the company’s 1.02B shares outstanding.
It has a market capitalization of $10.31M and a beta (3y monthly) value of 1.65. The earnings-per-share (ttm) stands at -$7.80. Price movements for the stock have been influenced by the stock’s volatility, which stands at 45.61% over the week and 20.26% over the month.
Analysts forecast that Greenlane Holdings Inc (GNLN) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0.
Looking at the support for the GNLN, a number of firms have released research notes about the stock. Jefferies stated their Buy rating for the stock in a research note on October 01, 2021, with the firm’s price target at $6.30. Cowen coverage for the Greenlane Holdings Inc (GNLN) stock in a research note released on September 10, 2021 offered a Outperform rating with a price target of $5.
