Green Thumb Industries (OTC:GTBIF) Reaches New 52-Week Low – Time to Sell?

Shares of Green Thumb Industries Inc. (OTC:GTBIFGet Free Report) reached a new 52-week low on Wednesday . The company traded as low as $5.52 and last traded at $5.62, with a volume of 590819 shares trading hands. The stock had previously closed at $5.85.

Green Thumb Industries Price Performance

The stock has a 50 day simple moving average of $6.82 and a 200-day simple moving average of $8.45. The firm has a market cap of $1.25 billion, a PE ratio of 21.78 and a beta of 1.30.

About Green Thumb Industries

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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.

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