Curaleaf (OTCMKTS:CURLF) Shares Gap Down - Should You Sell?

Curaleaf Holdings, Inc. (OTCMKTS:CURLF - Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $0.84, but opened at $0.80. Curaleaf shares last traded at $0.83, with a volume of 45,374 shares.

Curaleaf Price Performance

The company has a 50-day moving average of $0.87 and a 200-day moving average of $1.13. The company has a debt-to-equity ratio of 1.08, a quick ratio of 0.70 and a current ratio of 1.41. The stock has a market cap of $543.97 million, a price-to-earnings ratio of -2.65 and a beta of 0.59.

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

About Curaleaf

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.

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