Green Thumb Industries Inc. (OTCMKTS:GTBIF – Get Free Report)’s stock price gapped down prior to trading on Tuesday . The stock had previously closed at $7.64, but opened at $7.31. Green Thumb Industries shares last traded at $7.5260, with a volume of 29,428 shares.
Wall Street Analyst Weigh In
Separately, Benchmark restated a “buy” rating on shares of Green Thumb Industries in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Buy”.
Check Out Our Latest Report on Green Thumb Industries
Green Thumb Industries Price Performance
Green Thumb Industries (OTCMKTS:GTBIF – Get Free Report) last issued its earnings results on Wednesday, May 6th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.05. Green Thumb Industries had a return on equity of 5.79% and a net margin of 10.14%.The firm had revenue of $300.19 million for the quarter, compared to analyst estimates of $297.64 million. On average, research analysts anticipate that Green Thumb Industries Inc. will post 0.1 EPS for the current year.
Green Thumb Industries Company Profile
Green Thumb Industries is a diversified cannabis consumer packaged goods company and retailer with operations spanning cultivation, manufacturing and distribution. The company develops branded cannabis products across multiple formats, including dried flower, pre-rolls, oils, concentrates, edibles and vaporizers. Its product portfolio is marketed under well-known brand names tailored to the adult-use market, and the company works with licensed cultivators and partners to ensure consistent quality and compliance with state regulations.
In addition to its branded product lines, Green Thumb Industries maintains a network of wholly owned manufacturing facilities and distribution centers that supply its retail outlets as well as independent dispensaries.
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