Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report) shares rose 4.4% during trading on Wednesday . The company traded as high as $5.27 and last traded at $5.24. Approximately 375,734 shares changed hands during trading, an increase of 11% from the average daily volume of 337,969 shares. The stock had previously closed at $5.02.
Green Thumb Industries Stock Down 0.8%
The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 25.00 and a beta of 1.17. The business has a 50 day moving average of $5.45 and a 200 day moving average of $6.33.
Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.01). The firm had revenue of $279.54 million for the quarter, compared to analyst estimates of $283.36 million. Green Thumb Industries had a return on equity of 2.82% and a net margin of 4.41%. Research analysts predict that Green Thumb Industries Inc. will post 0.32 earnings per share for the current 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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