NASDAQ:GNLN - Greenlane Stock Price, News, & Analysis

$13.27
-0.24 (-1.78 %)
(As of 06/19/2019 02:42 AM ET)
Today's Range
$13.26
Now: $13.27
$13.89
50-Day Range
$13.34
MA: $15.29
$17.49
52-Week Range
$12.90
Now: $13.27
$29.00
Volume100,941 shs
Average Volume388,105 shs
Market Capitalization$1.24 billion
P/E RatioN/A
Dividend YieldN/A
BetaN/A
Greenlane Holdings, Inc. distribute consumption accessories and vaporization products to wholesale and retail customers in the United States and Canada. The company offers vaporizers and parts, cleaning products, grinders and storage containers, pipes, rolling papers, and customized lines of specialty packaging. It also operates e-commerce Websites, such as VaporNation.com and VapeWorld.com. The company was founded in 2005 and is headquartered in Boca Raton, Florida.

Industry, Sector and Symbol

Industry Durable goods, not elsewhere classified
Sub-IndustryN/A
SectorConsumer Staples
Current SymbolNASDAQ:GNLN
CUSIPN/A
CIKN/A
Phone877-292-7660

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees249
Market Cap$1.24 billion
Next Earnings DateN/A
OptionableNot Optionable

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Greenlane (NASDAQ:GNLN) Frequently Asked Questions

What is Greenlane's stock symbol?

Greenlane trades on the NASDAQ under the ticker symbol "GNLN."

What price target have analysts set for GNLN?

5 equities research analysts have issued twelve-month target prices for Greenlane's shares. Their forecasts range from $21.00 to $23.00. On average, they expect Greenlane's stock price to reach $22.10 in the next year. This suggests a possible upside of 66.5% from the stock's current price. View Analyst Price Targets for Greenlane.

What is the consensus analysts' recommendation for Greenlane?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Greenlane in the last year. There are currently 1 hold rating and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Greenlane.

Has Greenlane been receiving favorable news coverage?

News stories about GNLN stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Greenlane earned a news impact score of 1.6 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Greenlane.

Are investors shorting Greenlane?

Greenlane saw a increase in short interest in May. As of May 15th, there was short interest totalling 2,059,200 shares, an increase of 1,333.0% from the April 15th total of 143,700 shares. Based on an average daily trading volume, of 798,300 shares, the days-to-cover ratio is currently 2.6 days. Approximately 20.6% of the shares of the stock are sold short. View Greenlane's Current Options Chain.

Who are some of Greenlane's key competitors?

What other stocks do shareholders of Greenlane own?

Who are Greenlane's key executives?

Greenlane's management team includes the folowing people:
  • Mr. Aaron LoCascio, Chairman & CEO (Age 33)
  • Mr. Adam Schoenfeld, Pres, Chief Strategy Officer & Director (Age 34)
  • Mr. Ethan Rudin, Chief Financial Officer (Age 44)

When did Greenlane IPO?

(GNLN) raised $80 million in an initial public offering on Thursday, April 18th 2019. The company issued 5,300,000 shares at $14.00-$16.00 per share. Cowen and Company and Canaccord Genuity acted as the underwriters for the IPO and Ladenburg Thalmann, Roth Capital Partners and Northland Securities were co-managers.

When does the company's lock-up period expire?

Greenlane's lock-up period expires on Tuesday, October 15th. Greenlane had issued 6,000,000 shares in its IPO on April 18th. The total size of the offering was $102,000,000 based on an initial share price of $17.00. After the expiration of the company's lock-up period, restrictions preventing company insiders and major shareholders from selling shares in the company will be lifted.

How do I buy shares of Greenlane?

Shares of GNLN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Greenlane's stock price today?

One share of GNLN stock can currently be purchased for approximately $13.27.

How big of a company is Greenlane?

Greenlane has a market capitalization of $1.24 billion. Greenlane employs 249 workers across the globe.View Additional Information About Greenlane.

What is Greenlane's official website?

The official website for Greenlane is http://www.gnln.com/.

How can I contact Greenlane?

Greenlane's mailing address is 1095 BROKEN SOUND PARKWAY SUITE 300, BOCA RATON FL, 33487. The company can be reached via phone at 877-292-7660 or via email at [email protected]


MarketBeat Community Rating for Greenlane (NASDAQ GNLN)

Community Ranking:  3.6 out of 5 (star star star)
Outperform Votes:  5 (Vote Outperform)
Underperform Votes:  2 (Vote Underperform)
Total Votes:  7
MarketBeat's community ratings are surveys of what our community members think about Greenlane and other stocks. Vote "Outperform" if you believe GNLN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GNLN will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2019 by MarketBeat.com Staff

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