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Green Thumb Industries (OTCMKTS:GTBIF) Stock Price Down 2.9% - What's Next?

Green Thumb Industries logo with Medical background

Green Thumb Industries Inc. (OTCMKTS:GTBIF - Get Free Report)'s share price traded down 2.9% on Tuesday . The stock traded as low as $5.20 and last traded at $5.24. 216,770 shares were traded during 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's 50-day moving average price is $5.52 and its two-hundred day moving average price is $6.81. The stock has a market capitalization of $1.08 billion, a PE ratio of 21.25 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 the consensus estimate of $0.05 by ($0.01). The company had revenue of $279.54 million during the quarter, compared to analysts' expectations of $283.36 million. Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. On average, analysts predict that Green Thumb Industries Inc. will post 0.32 earnings per share 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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