Free Trial

Green Thumb Industries (OTCMKTS:GTBIF) Sees Large Volume Increase - Time to Buy?

Green Thumb Industries logo with Medical background

Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report) shares saw unusually-strong trading volume on Wednesday . Approximately 509,339 shares were traded during mid-day trading, an increase of 21% from the previous session's volume of 421,607 shares.The stock last traded at $4.97 and had previously closed at $4.95.

Green Thumb Industries Stock Performance

The business's 50 day moving average is $5.47 and its 200-day moving average is $6.46. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 23.43 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 firm had revenue of $279.54 million during the quarter, compared to analysts' expectations of $283.36 million. Green Thumb Industries had a net margin of 4.41% and a return on equity of 2.82%. Sell-side analysts anticipate that Green Thumb Industries Inc. will post 0.32 EPS for the current fiscal year.

Green Thumb Industries Company Profile

(Get Free Report)

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.

Featured Articles

Should You Invest $1,000 in Green Thumb Industries Right Now?

Before you consider Green Thumb Industries, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Green Thumb Industries wasn't on the list.

While Green Thumb Industries currently has a Strong Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Enter your email address and we'll send you MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Watch Before Monday: Stocks to Load Up on Before Earnings
3 Hot Growth Stocks to Watch Right Now!
Don’t Miss These Top 3 Defense Stocks Set To Gain

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines