Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totalling 268,600 shares, a decline of 22.3% from the April 30th total of 345,700 shares. Based on an average daily volume of 528,200 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the company's shares are sold short.
Green Thumb Industries Trading Down 0.8%
GTBIF stock traded down $0.04 during trading on Thursday, reaching $5.20. 280,855 shares of the stock were exchanged, compared to its average volume of 439,197. The business has a 50 day moving average price of $5.52 and a 200-day moving average price of $6.81. Green Thumb Industries has a 1 year low of $4.63 and a 1 year high of $12.91. The firm has a market capitalization of $1.10 billion, a price-to-earnings ratio of 21.67 and a beta of 1.17.
Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.04 earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). The business had revenue of $279.54 million during the quarter, compared to analyst estimates of $283.36 million. Green Thumb Industries had a net margin of 5.38% and a return on equity of 3.39%. On average, research analysts anticipate that Green Thumb Industries will post 0.32 EPS for the current year.
Green Thumb Industries Company Profile
(
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Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.
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