Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Greenlane Holdings Inc’s current trading price is -90.92% away from its 52-week high, while its distance from the 52-week low is -3.41%. The stock’s price range over this period has fluctuated between $2.05 and $21.80. The company, operating within the financial sector, had a trading volume of approximately 0.52 million for the day, which was noticeably lower than the average daily share volume of 1.52 million over the last 3 months.
Greenlane Holdings Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $21.80 on 08/14/24, while the lowest price for the same period was registered at $2.05 on 10/25/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Greenlane Holdings Inc (GNLN) has experienced a quarterly decline of -38.25% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 1.31M and boasts a workforce of 66 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 4.8239, with a change in price of -3.6311. Similarly, Greenlane Holdings Inc recorded 1,003,871 in trading volume during the last 100 days, posting a change of -64.71%.
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 1.04. Similarly, the long-term debt-to-equity ratio is also 0.09.
GNLN Stock Stochastic Average
Today, Greenlane Holdings Inc’s raw stochastic average for the past 50 days stands at 0.27%, indicating a decline from the raw stochastic average of the last 20 days, which was 0.91%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 5.71% and 21.44% respectively.
GNLN Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. The metric has seen a significant loss of -65.25% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -71.70%. Over the past 30 days, the price of GNLN has leaped by -61.70%. And in the last five days, it has fallen by -56.00%.
