Green Thumb Industries Inc. (OTCMKTS:GTBIF – Get Rating)’s share price reached a new 52-week low on Tuesday . The stock traded as low as $8.75 and last traded at $8.76, with a volume of 439005 shares. The stock had previously closed at $9.01.
GTBIF has been the topic of several research analyst reports. Stifel Nicolaus dropped their target price on shares of Green Thumb Industries from C$80.00 to C$73.00 in a report on Wednesday, March 2nd. Alliance Global Partners dropped their target price on shares of Green Thumb Industries from C$40.00 to C$38.00 in a report on Thursday, May 5th. Craig Hallum dropped their target price on shares of Green Thumb Industries from $35.00 to $25.00 in a report on Thursday, May 5th. Canaccord Genuity Group dropped their target price on shares of Green Thumb Industries from C$46.00 to C$43.00 in a report on Wednesday, March 2nd. Finally, Benchmark dropped their target price on shares of Green Thumb Industries from $45.00 to $30.00 in a report on Tuesday, March 1st. Nine research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $48.27.
The company has a market capitalization of $2.06 billion and a price-to-earnings ratio of 22.52. The stock’s fifty day moving average price is $12.77 and its 200-day moving average price is $16.89.
About Green Thumb Industries (OTCMKTS:GTBIF)
Green Thumb Industries Inc engages in manufacture, distribution, and sale of various cannabis products for medical and adult-use in the United States. It offers cannabis flower; and processed and packaged products, including pre-rolls, concentrates, vapes, tinctures, edibles, topicals, and other cannabis-related products under the Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.
- Get a free copy of the StockNews.com research report on Green Thumb Industries (GTBIF)
- ABM Industries, A Clean Play For Dirty Economic Times
- Should Silver Stocks Be A Part Of Your Portfolio?
- This Still Isn’t A Buyable Bottom For Stocks
- Don’t Get Too Bullish On Lennar Even Though It’s A Good Buy
- Dividend-Paying Midstream Oil Companies That Could Help You The Mitigate Market Volatility
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.