Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report) shares saw unusually-high 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 company has a 50 day moving average price of $5.47 and a 200 day moving average price of $6.53. The company has a market capitalization of $1.05 billion, a PE ratio of 23.64 and a beta of 1.17.
Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). Green Thumb Industries had a return on equity of 2.82% and a net margin of 4.41%. The company had revenue of $279.54 million during the quarter, compared to analysts' expectations of $283.36 million. On average, equities analysts forecast that Green Thumb Industries Inc. will post 0.32 earnings per share for the current fiscal year.
About Green Thumb Industries
(
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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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