Green Thumb Industries Inc. (OTCMKTS:GTBIF – Get Free Report) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 43,200 shares, an increase of 144.1% from the September 30th total of 17,700 shares. Based on an average trading volume of 465,500 shares, the days-to-cover ratio is currently 0.1 days.
Green Thumb Industries Price Performance
Shares of GTBIF stock opened at $11.00 on Monday. The stock has a market capitalization of $2.34 billion, a PE ratio of 45.83 and a beta of 1.40. The business’s 50 day simple moving average is $10.35 and its 200 day simple moving average is $11.34. Green Thumb Industries has a one year low of $7.57 and a one year high of $16.33.
Green Thumb Industries (OTCMKTS:GTBIF – Get Free Report) last announced its earnings results on Monday, August 5th. The company reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.03. The business had revenue of $280.15 million during the quarter, compared to the consensus estimate of $277.01 million. Green Thumb Industries had a net margin of 5.38% and a return on equity of 3.39%. As a group, research analysts expect that Green Thumb Industries will post 0.32 earnings per share for the current year.
Analysts Set New Price Targets
Check Out Our Latest Research Report on GTBIF
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.
Further Reading
- Five stocks we like better than Green Thumb Industries
- How to Start Investing in Real Estate
- GM’s Lithium Americas Deal Positions It for EV Dominance
- How to Invest in the Best Canadian Stocks
- Amazon: Why Analysts Think It’s A Solid Buy Ahead Of Earnings
- 3 Healthcare Dividend Stocks to Buy
- NextEra’s Diverse Business Is Set to Win As Energy Demand Rises
Receive News & Ratings for Green Thumb Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Thumb Industries and related companies with MarketBeat.com's FREE daily email newsletter.