Greenlane Holdings Inc Inc. (GNLN) Price Performance: A Technical Analysis Perspective

Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -50.17%. However, over the past six months, we’ve seen a stronger performance of -47.81%. The price of GNLN leaped by -55.88% over the last 30 days. And in the last five days, it has fallen by -15.38%.

In terms of market performance, Greenlane Holdings Inc had a fairly uneven. The highest value for the stock in the past year was $1.05 on 07/17/23, and the lowest value was recorded at $0.25 on 07/09/24.

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52-week price history of GNLN Stock

Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Greenlane Holdings Inc’s current trading price is -75.42% away from its 52-week high, while its distance from the 52-week low is 2.62%. The stock’s price range during this period has varied between$0.25 and $1.05. The Greenlane Holdings Inc’s shares, which operate in the Consumer Defensive, saw a trading volume of around 2.09 million for the day, a figure considerably higher than their average daily volume of 0.42 million over last three months.

Market Capitalization vs. Financial Performance: A Comparative Study

Greenlane Holdings Inc (GNLN) has experienced a quarterly decline of -49.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.50M.

Combining Moving Average and Trading Volume Data for Better Market Insight

Based on Barchart.com data, the company’s moving average over the 100-day period was 0.5055, with a change in price of -0.1170. Similarly, Greenlane Holdings Inc recorded 398,273 in trading volume during the last 100 days, posting a change of -31.20%.

GNLN’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look

The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of 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

Greenlane Holdings Inc’s raw stochastic average for the past 50 days is presently 3.08%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 5.60%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 8.02% and 7.47%, respectively.

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