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 -92.11% away from its 52-week high, while its distance from the 52-week low is 1.18%. The stock’s price range for this period has been between $1.70 and $21.80 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 1.25 million for the day, a number notably lower than the average daily volume of 1.31 million over the last three 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 $1.70 on 12/03/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Greenlane Holdings Inc (GNLN) has experienced a quarterly decline of -61.78% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.30M 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 4.2886, with a change in price of -1.3105. Similarly, Greenlane Holdings Inc recorded 1,675,074 in trading volume during the last 100 days, posting a change of -43.24%.
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 0.03.
GNLN Stock Stochastic Average
Greenlane Holdings Inc’s raw stochastic average for the past 50 days is presently 1.57%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 3.02%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.96% and 6.60%, respectively.
GNLN Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -69.81% this year. Over the last six months, there has been a stronger performance of -69.35%. The price of GNLN leaped by -37.45% during the last 30 days period. For the last 5-days stocks have slided -8.99%.
