Greenlane Holdings Stock Price on November 25, 2024
| GNLN Stock | USD 1.89 0.09 5.00% |
Below is the normalized historical share price chart for Greenlane Holdings extending back to April 18, 2019. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Greenlane Holdings stands at 1.89, as last reported on the 25th of November, with the highest price reaching 1.95 and the lowest price hitting 1.76 during the day.
If you're considering investing in Greenlane Stock, it is important to understand the factors that can impact its price. Greenlane Holdings holds Efficiency (Sharpe) Ratio of -0.0639, which attests that the entity had a -0.0639% return per unit of risk over the last 3 months. Greenlane Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Greenlane Holdings' Market Risk Adjusted Performance of (0.39), standard deviation of 14.41, and Risk Adjusted Performance of (0.05) to validate the risk estimate we provide.
At this time, Greenlane Holdings' Other Stockholder Equity is very stable compared to the past year. As of the 25th of November 2024, Common Stock Total Equity is likely to grow to about 125.7 K, while Total Stockholder Equity is likely to drop about 56.2 M. . As of the 25th of November 2024, Price To Sales Ratio is likely to drop to 0.03. In addition to that, Price Earnings Ratio is likely to grow to -0.06. Greenlane Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of April 2019 | 200 Day MA 4.9785 | 50 Day MA 3.6999 | Beta 1.851 |
Greenlane |
Sharpe Ratio = -0.0639
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| Negative Returns | GNLN |
Estimated Market Risk
| 14.63 actual daily | 96 96% of assets are less volatile |
Expected Return
| -0.94 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.06 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Greenlane Holdings is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Greenlane Holdings by adding Greenlane Holdings to a well-diversified portfolio.
Price Book 0.2543 | Enterprise Value Ebitda 0.3189 | Price Sales 0.082 | Shares Float 556.3 K | Wall Street Target Price 7.9 |
Greenlane Holdings Valuation on November 25, 2024
It is possible to determine the worth of Greenlane Holdings on a given historical date. On November 25, 2024 Greenlane was worth 1.81 at the beginning of the trading date compared to the closed value of 1.89. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Greenlane Holdings stock. Still, in general, we apply an absolute valuation method to find Greenlane Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Greenlane Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Greenlane Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 1.79 | 1.83 | 1.75 | 1.80 | 92,673 | |
11/25/2024 | 1.81 | 1.95 | 1.76 | 1.89 | 127,518 |
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Greenlane Holdings Trading Date Momentum on November 25, 2024
| On November 25 2024 Greenlane Holdings was traded for 1.89 at the closing time. The top price for the day was 1.95 and the lowest listed price was 1.76 . The trading volume for the day was 127.5 K. The trading history from November 25, 2024 did not cause price change. The overall trading delta against the current closing price is 4.23% . |
Greenlane Holdings Fundamentals Correlations and Trends
By evaluating Greenlane Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Greenlane Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Greenlane financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Greenlane Holdings Stock history
Greenlane Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Greenlane is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Greenlane Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Greenlane Holdings stock prices may prove useful in developing a viable investing in Greenlane Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 68.5 K | 65 K | |
| Net Loss | -27.5 M | -26.1 M |
Greenlane Holdings Stock Technical Analysis
Greenlane Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Greenlane Holdings Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Greenlane Holdings cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Greenlane Holdings November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Greenlane Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Greenlane Holdings shares will generate the highest return on investment. By undertsting and applying Greenlane Holdings stock market strength indicators, traders can identify Greenlane Holdings entry and exit signals to maximize returns
Greenlane Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Greenlane Holdings' price direction in advance. Along with the technical and fundamental analysis of Greenlane Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Greenlane to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (1.49) | |||
| Total Risk Alpha | (3.41) | |||
| Treynor Ratio | (0.40) |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Greenlane Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. To learn how to invest in Greenlane Stock, please use our How to Invest in Greenlane Holdings guide.You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Greenlane Holdings. If investors know Greenlane will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Greenlane Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (117.59) | Revenue Per Share 61.566 | Quarterly Revenue Growth (0.86) | Return On Assets (0.23) | Return On Equity (1.42) |
The market value of Greenlane Holdings is measured differently than its book value, which is the value of Greenlane that is recorded on the company's balance sheet. Investors also form their own opinion of Greenlane Holdings' value that differs from its market value or its book value, called intrinsic value, which is Greenlane Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Greenlane Holdings' market value can be influenced by many factors that don't directly affect Greenlane Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Greenlane Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Greenlane Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Greenlane Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.