Green Thumb Industries (OTCMKTS:GTBIF) Reaches New 1-Year Low – Should You Sell?

Green Thumb Industries Inc. (OTCMKTS:GTBIF) shares reached a new 52-week low on Thursday . The stock traded as low as $6.05 and last traded at $6.05, with a volume of 226651 shares trading hands. The stock had previously closed at $6.17.

Green Thumb Industries Price Performance

The stock’s 50 day simple moving average is $7.00 and its two-hundred day simple moving average is $8.61. The company has a market capitalization of $1.28 billion, a P/E ratio of 25.21 and a beta of 1.30.

Green Thumb Industries (OTCMKTS:GTBIF) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.02). The company had revenue of $294.32 million during the quarter, compared to the consensus estimate of $289.66 million. Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. As a group, equities research analysts expect that Green Thumb Industries Inc. will post 0.32 earnings per share for the current year.

Green Thumb Industries Company Profile

Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.