The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 280.02 million for the day, a number notably higher than the average daily volume of 49.47 million over the last three months.
Greenlane Holdings Inc saw a rather unpredictable run in, in terms of market performance.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Greenlane Holdings Inc (GNLN) has experienced a quarterly decline of -99.31% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.08M and boasts a workforce of 49 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9002, with a change in price of -1.6904. Similarly, Greenlane Holdings Inc recorded 30,283,592 in trading volume during the last 100 days, posting a change of -99.44%.
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 1.35. Similarly, the long-term debt-to-equity ratio is also 0.01.
GNLN Stock Stochastic Average
As of today, Greenlane Holdings Inc’s raw stochastic average for the last 50 days stands at 0.07%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 0.18%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 0.22% and 0.20%, 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 index has shown a price loss of -99.42% this year. Over the last six months, there has been a stronger performance of -99.68%. The price of GNLN leaped by -96.41% during the last 30 days period. For the last 5-days stocks have slided -20.00%.
