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Green Thumb Industries (OTCMKTS:GTBIF) Stock Price Down 2.9% - Time to Sell?

Green Thumb Industries logo with Medical background

Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report) shares traded down 2.9% during trading on Tuesday . The stock traded as low as $5.20 and last traded at $5.24. 216,770 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 440,720 shares. The stock had previously closed at $5.40.

Green Thumb Industries Stock Performance

The stock has a market cap of $1.10 billion, a P/E ratio of 21.65 and a beta of 1.17. The stock has a fifty day simple moving average of $5.50 and a 200-day simple moving average of $6.75.

Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.05 by ($0.01). The business had revenue of $279.54 million during the quarter, compared to the consensus estimate of $283.36 million. Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. On average, research analysts anticipate that Green Thumb Industries Inc. will post 0.32 earnings per share for the current 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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