Curaleaf (OTCMKTS:CURLF) Trading Down 4.5% - Here's Why

Curaleaf Holdings, Inc. (OTCMKTS:CURLF - Get Free Report) fell 4.5% during trading on Wednesday . The stock traded as low as $0.79 and last traded at $0.79. 613,793 shares traded hands during trading, a decline of 2% from the average session volume of 624,301 shares. The stock had previously closed at $0.83.

Curaleaf Stock Performance

The stock has a market cap of $530.73 million, a P/E ratio of -2.58 and a beta of 0.59. The company has a fifty day moving average price of $0.87 and a 200 day moving average price of $1.15. The company has a debt-to-equity ratio of 1.08, a current ratio of 1.41 and a quick ratio of 0.70.

Curaleaf (OTCMKTS:CURLF - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The company reported ($0.07) 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%. On average, equities analysts expect 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.