Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report)'s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $7.63, but opened at $7.36. Green Thumb Industries shares last traded at $7.61, with a volume of 27,826 shares changing hands.
Analyst Ratings Changes
A number of equities research analysts have recently commented on the company. Benchmark reiterated a "buy" rating on shares of Green Thumb Industries in a research report on Monday, August 11th. Zacks Research raised shares of Green Thumb Industries from a "strong sell" rating to a "hold" rating in a research note on Friday, September 5th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy".
View Our Latest Research Report on GTBIF
Green Thumb Industries Stock Up 0.7%
The company has a market capitalization of $1.59 billion, a price-to-earnings ratio of 69.82 and a beta of 1.23. The company has a 50-day moving average price of $7.50 and a 200-day moving average price of $6.24.
Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last issued its quarterly earnings results on Wednesday, August 6th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.04 by ($0.05). The business had revenue of $293.26 million during the quarter, compared to analyst estimates of $280.66 million. Green Thumb Industries had a net margin of 2.51% and a return on equity of 1.62%. Equities analysts expect that Green Thumb Industries Inc. will post 0.32 EPS for the current fiscal year.
About Green Thumb Industries
(
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.
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