The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Year to date metric has recorded a loss of -99.62%.However, over the last six months, we can see a stronger performance of -99.67%. Over the last 30 days, the price of GNLN has leaped by -45.13%. And in the last five days, it has fallen by 0.00%.
Greenlane Holdings Inc had a pretty Dodgy run when it comes to the market performance.
52-week price history of GNLN Stock
The Consumer Defensive sector company’s shares saw a trading volume of about 129.17 million for the day, which was lower than the average daily volume of 135.06 million over the last three months.
The Connection Between Financial Performance and Market Capitalization
Greenlane Holdings Inc (GNLN) has experienced a quarterly decline of -99.11% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 6.33M and boasts a workforce of 49 employees.
How Moving Averages and Trading Volume Data Work Together
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.6150, with a change in price of -1.7538. Similarly, Greenlane Holdings Inc recorded 85,411,852 in trading volume during the last 100 days, posting a change of -99.65%.
GNLN’s Debt-to-Equity Ratio: A Comprehensive Review
A key metric for assessing a company’s financial well-being and market status is the debt-to-equity (D/E) ratio. This ratio is derived by dividing a company’s total liabilities by its shareholders’ equity, and it demonstrates the level of debt a company uses to support its assets relative to shareholder equity. At the time of writing, the total D/E ratio for GNLN stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.00.
GNLN Stock Stochastic Average
As of today, the raw stochastic average of Greenlane Holdings Inc over the past 50 days is 0.23%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 16.18%. Additionally, the Stochastic %K and %D values for the company were 13.49% and 11.17%, respectively, over the past 20 days.
