The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Greenlane Holdings Inc’s current trading price is -86.75% away from its 52-week high, while its distance from the 52-week low is 37.58%. The stock’s price range for this period has been between $0.37 and $3.85 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 1.36 million for the day, a number notably higher than the average daily volume of 85530.0 over the last three months.
In terms of market performance, Greenlane Holdings Inc had a fairly uneven. The highest value for the stock in the past year was $3.85 on 04/04/23, and the lowest value was recorded at $0.37 on 02/09/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Greenlane Holdings Inc (GNLN) has experienced a quarterly rise of 2.93% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.90M.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.4967, with a change in price of -0.0202. Similarly, Greenlane Holdings Inc recorded 79,589 in trading volume during the last 100 days, posting a change of -3.81%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for GNLN stands at 0.60. Similarly, the long-term debt-to-equity ratio is also 0.08.
GNLN Stock Stochastic Average
As of today, Greenlane Holdings Inc’s raw stochastic average for the last 50 days stands at 40.11%. This is a rise compared to the raw stochastic average of the previous 20 days, which was noted at 34.38%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 24.72% and 27.25%, respectively.
GNLN Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The metric has seen a significant loss of -1.54% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -15.83%. Over the past 30 days, the price of GNLN has fallen by 15.38%. And in the last five days, it has fallen by -6.42%.
