Curaleaf (OTCMKTS:CURLF) Shares Gap Down - Time to Sell?

Curaleaf Holdings, Inc. (OTCMKTS:CURLF - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $1.22, but opened at $1.13. Curaleaf shares last traded at $1.17, with a volume of 111,409 shares trading hands.

Curaleaf Price Performance

The company has a current ratio of 1.41, a quick ratio of 0.70 and a debt-to-equity ratio of 1.08. The business has a 50-day moving average price of $0.87 and a 200 day moving average price of $1.07. The stock has a market cap of $770.72 million, a PE ratio of -3.71 and a beta of 0.62.

Curaleaf (OTCMKTS:CURLF - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported ($0.07) EPS for the quarter, meeting analysts' consensus estimates of ($0.07). Curaleaf had a negative return on equity of 14.12% and a negative net margin of 17.37%. As a group, research analysts forecast that Curaleaf Holdings, Inc. will post -0.25 earnings per share for the current fiscal year.

Curaleaf Company Profile

Curaleaf Holdings, Inc operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations. The company offers flower, pre-rolls, flower pots, and dry-herb vaporizer cartridges; concentrates for vaporizing which includes pre-filled vaporizer cartridges and disposable vaporizer pens; and concentrates for dabbing, such as mints, distillate droppers, mints, topical balms and lotions, tinctures, lozenges, capsules, and edibles.