Greenlane Holdings Inc [NASDAQ: GNLN] jumped around 421036.92 points on Monday, while shares priced at $421040.0 at the close of the session, up 72.08%.
Greenlane Holdings Inc stock is now -99.83% down from its year-to-date (YTD) trading value. GNLN Stock saw the intraday high of $7.47 and lowest of $3.14 per share. The company’s 52-week high price is 16350.00, which means current price is +85.31% above from all time high which was touched on 01/06/25.
Compared to the average trading volume of 421.04K shares, GNLN reached a trading volume of 30225754 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Greenlane Holdings Inc [GNLN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GNLN shares is $113437.50 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GNLN stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for Greenlane Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 01, 2021. While these analysts kept the previous recommendation, Cowen raised their target price to Outperform. The new note on the price target was released on September 10, 2021, representing the official price target for Greenlane Holdings Inc stock. Previously, the target price had yet another raise to $6, while Alliance Global Partners analysts kept a Buy rating on GNLN stock.
The Price to Book ratio for the last quarter was 0.00, with the Price to Cash per share for the same quarter was set at 6.15.
How has GNLN stock performed recently?
Greenlane Holdings Inc [GNLN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -20.60. With this latest performance, GNLN shares gained by 13.98% in over the last four-week period, additionally sinking by -99.53% over the last 6 months – not to mention a drop of -99.57% in the past year of trading.
Greenlane Holdings Inc [GNLN]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Greenlane Holdings Inc [GNLN] shares currently have an operating margin of -113.62% and a Gross Margin at -8.76%. Greenlane Holdings Inc’s Net Margin is presently recorded at -173.29%.
Return on Equity for this stock declined to -46.51%, with Return on Assets sitting at -46.51%.
Insider trade positions for Greenlane Holdings Inc [GNLN]
There are presently around $0.19%, or 0.19% of GNLN stock, in the hands of institutional investors.
