Curaleaf (OTCMKTS:CURLF) Shares Up 5.4% - What's Next?

Key Points

• Curaleaf Holdings, Inc. shares increased by 5.4% to trade at $1.52, although trading volume decreased by 52% compared to its average daily volume.
• The company reported a quarterly earnings per share of ($0.07), matching analysts' expectations, while facing negative margins and return on equity.
• Curaleaf has a market capitalization of $1 billion and operates in both domestic and international cannabis markets, offering a wide range of cannabis products.

Curaleaf Holdings, Inc. (OTCMKTS:CURLF - Get Free Report)'s stock price shot up 5.4% on Monday . The company traded as high as $1.52 and last traded at $1.52. 300,634 shares traded hands during trading, a decline of 52% from the average session volume of 622,238 shares. The stock had previously closed at $1.44.

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 company's fifty day moving average is $0.96 and its two-hundred day moving average is $1.04. The stock has a market cap of $954.05 million, a price-to-earnings ratio of -4.59 and a beta of 0.62.

Curaleaf (OTCMKTS:CURLF - Get Free Report) last issued its quarterly earnings data on Thursday, May 8th. The company reported ($0.07) earnings per share 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 predict 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.