Curaleaf (OTCMKTS:CURLF) Shares Gap Down - What's Next?

Shares of Curaleaf Holdings, Inc. (OTCMKTS:CURLF - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $1.24, but opened at $1.20. Curaleaf shares last traded at $1.21, with a volume of 333,782 shares trading hands.

Curaleaf Price Performance

The firm has a market cap of $835.38 million, a price-to-earnings ratio of -4.02 and a beta of 0.62. 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 business has a 50 day simple moving average of $0.89 and a 200-day simple moving average of $1.05.

Curaleaf (OTCMKTS:CURLF - Get Free Report) last released its earnings results 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 return on equity of 14.12% and a negative net margin of 17.37%. Equities research analysts expect that Curaleaf Holdings, Inc. will post -0.25 earnings per share for the current 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.