Greenlane Holdings Inc. (NASDAQ:GNLN) went up by 10.26% from its latest closing price compared to the recent 1-year high of $8.73. The company’s stock price has collected 8.47% of gains in the last five trading sessions. Press Release reported on 02/09/21 that Greenlane Announces Dismissal of Remaining Securities Class Action
Is It Worth Investing in Greenlane Holdings Inc. (NASDAQ :GNLN) Right Now?
Opinions of the stock are interesting as 5 analysts out of 5 who provided ratings for Greenlane Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $5.40. GNLN currently public float of 12.52M and currently shorts hold a 7.51% ratio of that float. Today, the average trading volume of GNLN was 712.87K shares.
GNLN’s Market Performance
GNLN stocks went up by 8.47% for the week, with a monthly jump of 23.56% and a quarterly performance of 134.51%, while its annual performance rate touched 167.47%. The volatility ratio for the week stands at 13.27% while the volatility levels for the past 30 days are set at 14.40% for Greenlane Holdings Inc.. The simple moving average for the period of the last 20 days is 20.03% for GNLN stocks with a simple moving average of 87.03% for the last 200 days.
GNLN Trading at 32.58% from the 50-Day Moving Average
After a stumble in the market that brought GNLN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -23.71% of loss for the given period.
Volatility was left at 14.40%, however, over the last 30 days, the volatility rate increased by 13.27%, as shares surge +30.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +52.05% upper at present.
During the last 5 trading sessions, GNLN rose by +8.47%, which changed the moving average for the period of 200-days by +150.38% in comparison to the 20-day moving average, which settled at $5.63. In addition, Greenlane Holdings Inc. saw 68.18% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at GNLN starting from Schoenfeld Adam, who sale 35,000 shares at the price of $4.51 back on Jan 29. After this action, Schoenfeld Adam now owns 17,667 shares of Greenlane Holdings Inc., valued at $157,850 using the latest closing price.
LoCascio Aaron, the Chief Executive Officer of Greenlane Holdings Inc., sale 44,400 shares at $4.35 during a trade that took place back on Jan 27, which means that LoCascio Aaron is holding 110,775 shares at $193,140 based on the most recent closing price.
Stock Fundamentals for GNLN
Current profitability levels for the company are sitting at:
- -13.05 for the present operating margin
- -0.72 for the gross margin
The net margin for Greenlane Holdings Inc. stands at -5.26. The total capital return value is set at -27.51, while invested capital returns managed to touch -23.71. Equity return is now at value -67.80, with -10.30 for asset returns.
Based on Greenlane Holdings Inc. (GNLN), the company’s capital structure generated 59.93 points at debt to equity in total, while total debt to capital is 37.47. Total debt to assets is 8.77, with long-term debt to equity ratio resting at 53.78. Finally, the long-term debt to capital ratio is 33.63.
When we switch over and look at the enterprise to sales, we see a ratio of 0.49, with the company’s debt to enterprise value settled at 0.15. The receivables turnover for the company is 22.69 and the total asset turnover is 1.60. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.38.