Curaleaf (OTCMKTS:CURLF) Trading Down 3.5% - Should You Sell?

Curaleaf Holdings, Inc. (OTCMKTS:CURLF - Get Free Report)'s share price was down 3.5% on Friday . The stock traded as low as $0.78 and last traded at $0.80. Approximately 362,163 shares were traded during trading, a decline of 10% from the average daily volume of 402,714 shares. The stock had previously closed at $0.83.

Curaleaf Stock Down 2.8%

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 stock has a 50-day simple moving average of $0.86 and a 200-day simple moving average of $1.10. The company has a market cap of $543.97 million, a price-to-earnings ratio of -2.65 and a beta of 0.62.

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