Shares of Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report) traded up 4.4% on Wednesday . The stock traded as high as $5.27 and last traded at $5.24. 375,734 shares traded hands during trading, an increase of 11% from the average session volume of 337,969 shares. The stock had previously closed at $5.02.
Green Thumb Industries Trading Up 4.4%
The company has a market capitalization of $1.11 billion, a PE ratio of 24.95 and a beta of 1.17. The firm has a fifty day moving average of $5.47 and a two-hundred day moving average of $6.38.
Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last issued its earnings results on Wednesday, May 7th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.01). The company had revenue of $279.54 million for 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%. On average, equities analysts expect 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.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
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
Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.