Green Thumb Industries (OTC:GTBIF) Hits New 1-Year Low – What’s Next?

Green Thumb Industries Inc. (OTC:GTBIFGet Free Report) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $6.60 and last traded at $6.99, with a volume of 625228 shares traded. The stock had previously closed at $6.80.

Wall Street Analyst Weigh In

Separately, Roth Capital raised Green Thumb Industries to a “strong-buy” rating in a research report on Sunday, November 10th.

Check Out Our Latest Stock Report on GTBIF

Green Thumb Industries Stock Up 1.7 %

The company has a 50 day moving average price of $7.42. The firm has a market cap of $1.51 billion, a price-to-earnings ratio of 26.33 and a beta of 1.31.

Green Thumb Industries Company Profile

(Get Free Report)

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.

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