GNLN stock is higher by 3.58% Friday as the cannabis stock increases $0.02 and outperforms the market. Wall Street is positive on Greenlane Holdings Inc (GNLN). On average, analysts give GNLN a Strong Buy rating. The average price target is $4.86, which means analysts expect the stock to rise by 783.64% over the next twelve months.
That average ranking earns GNLN an Analyst Rating of 73, which is better than 73% of stocks based on data compiled by InvestorsObserver.
Wall Street analysts are rating GNLN a Strong Buy today. Find out what this means to you and get the rest of the rankings on GNLN!
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
InvestorsObserver averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Greenlane Holdings Inc Stock Today?
Greenlane Holdings Inc (GNLN) stock is trading at $0.55 as of 1:50 PM on Friday, Feb 25, a gain of $0.02, or 3.58% from the previous closing price of $0.53. The stock has traded between $0.51 and $0.57 so far today. Volume today is below average. So far 467,004 shares have traded compared to average volume of 1,077,772 shares.
Click Here to get the full Stock Report for Greenlane Holdings Inc stock.
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