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This Cannabis Stock is Rated at the Top of the Tobacco Industry, Should You Buy Greenlane Holdings Inc (GNLN) Friday?

Friday, March 17, 2023 03:57 PM | InvestorsObserver Analysts

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This Cannabis Stock is Rated at the Top of the Tobacco Industry, Should You Buy Greenlane Holdings Inc (GNLN) Friday?

Cannabis stock Greenlane Holdings Inc is lower by 5.58% Friday. The 47 rating InvestorsObserver gives to Greenlane Holdings Inc (GNLN) stock puts it near the top of the Tobacco industry. In addition to scoring higher than 76 percent of stocks in the Tobacco industry, GNLN’s 47 overall rating means the stock scores better than 47 percent of all stocks.

Overall Score - 47
GNLN has an Overall Score of 47. Find out what this means to you and get the rest of the rankings on GNLN!

What do These Ratings Mean?

Analyzing stocks can be hard. There are tons of numbers and ratios, and it can be hard to remember what they all mean and what counts as “good” for a given value. InvestorsObserver ranks stocks on eight different metrics. We percentile rank most of our scores to make it easy for investors to understand. A score of 47 means the stock is more attractive than 47 percent of stocks.
Our proprietary scoring system captures technical factors, fundamental analysis and the opinions of analysts on Wall Street. This makes InvestorsObserver’s overall rating a great way to get started, regardless of your investing style. Percentile-ranked scores are also easy to understand. A score of 100 is the top and a 0 is the bottom. There’s no need to try to remember what is “good” for a bunch of complicated ratios, just pay attention to which numbers are the highest.

What's Happening With Greenlane Holdings Inc Stock Today?

Greenlane Holdings Inc (GNLN) stock is trading at $0.34 as of 3:54 PM on Friday, Mar 17, a decline of -$0.02, or -5.58% from the previous closing price of $0.36. The stock has traded between $0.33 and $0.35 so far today. Volume today is less active than usual. So far 52,504 shares have traded compared to average volume of 465,027 shares. Click Here to get the full Stock Report for Greenlane Holdings Inc stock.

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