Cannabis Stock Surges 1.55% Tuesday: Should You Buy Greenlane Holdings Inc (GNLN)?

Greenlane Holdings Inc is a player in the cannabis industry that is higher by 1.55% Tuesday.A rating of 50 puts Greenlane Holdings Inc (GNLN) near the top of the Consumer Defensive sector according to InvestorsObserver. Greenlane Holdings Inc's score of 50 means that it ranks higher than 50% of stocks in the sector. In addition, its overall score of 28 ranks it higher than 28% of all stocks.

GNLN has an Overall Score of 28. Find out what this means to you and get the rest of the rankings on GNLN!

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What do These Ratings Mean?

Trying to find the best stocks can be a daunting task. There are a wide variety of ways to analyze stocks in order to determine which ones are performing the strongest. *Investors Observer* makes the entire process easier by using percentile rankings that allows you to easily find the stocks who have the strongest evaluations by analysts. Not only are these scores easy to understand, but it is easy to compare stocks to each other. You can find the best stock in consumer defensive or look for the sector that has the highest average score. The overall score is a combination of technical and fundamental factors that serves as a good starting point when analyzing a stock. Traders and investors with different goals may have different goals and will want to consider other factors than just the headline number before making any investment decisions.

What's Happening With Greenlane Holdings Inc Stock Today?

Greenlane Holdings Inc (GNLN) stock is up 1.55% while the S&P 500 is lower by -1.53% as of 2:55 PM on Tuesday, Mar 7. GNLN has risen $0.01 from the previous closing price of $0.36 on volume of 143,006 shares. Over the past year the S&P 500 has fallen -5.11% while GNLN is lower by -96.44%. GNLN lost -$18.80 per share the over the last 12 months. Click Here to get the full Stock Report for Greenlane Holdings Inc stock.