Curaleaf (OTCMKTS:CURLF) Upgraded at Atb Cap Markets

Atb Cap Markets upgraded shares of Curaleaf (OTCMKTS:CURLF) from a hold rating to a strong-buy rating in a research report released on Tuesday,Zacks.com reports.

A number of other brokerages have also recently issued reports on CURLF. ATB Capital raised shares of Curaleaf to an “outperform” rating in a report on Tuesday. Canaccord Genuity Group upgraded Curaleaf to a “strong-buy” rating in a research report on Thursday, October 9th. Finally, Cormark raised Curaleaf from a “hold” rating to a “moderate buy” rating in a report on Friday, August 8th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. According to MarketBeat.com, Curaleaf presently has a consensus rating of “Strong Buy”.

Curaleaf Price Performance

Shares of OTCMKTS:CURLF opened at $2.66 on Tuesday. The company has a quick ratio of 0.71, a current ratio of 1.47 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $1.80 billion, a PE ratio of -8.31 and a beta of 0.77. Curaleaf has a twelve month low of $0.68 and a twelve month high of $3.65. The company has a 50-day moving average price of $2.70 and a two-hundred day moving average price of $2.03.

Curaleaf (OTCMKTS:CURLF) last posted its quarterly earnings results on Wednesday, November 5th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.01. Curaleaf had a negative net margin of 19.50% and a negative return on equity of 15.57%. Equities analysts forecast that Curaleaf will post -0.25 EPS for the current year.

About Curaleaf

Curaleaf Holdings, Inc operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations. The company offers flower, pre-rolls, flower pots, and dry-herb vaporizer cartridges; concentrates for vaporizing which includes pre-filled vaporizer cartridges and disposable vaporizer pens; and concentrates for dabbing, such as mints, distillate droppers, mints, topical balms and lotions, tinctures, lozenges, capsules, and edibles.