A sector-wide slowdown in the red-hot cleantech and renewables is partly to blame but there’s more to Greenlane’s story, according to portfolio manager Bruce Campbell. “Greenlane is one that we have used as a past Top Pick and it’s one that we used to own in our portfolio.
Full Answer
Should you buy Greenlane stock?
4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Greenlane in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Greenlane stock. View analyst ratings for Greenlane or view top-rated stocks.
How will Greenlane generate $30 million in liquidity?
Greenlane said it may generate liquidity in excess of $30 million from a series of moves including the sale of non-core assets, a sale leaseback of the company's headquarters, price hikes, disposing of low-margin inventory, and taking ou Insiders were net buyers of Greenlane Holdings, Inc.'s ( NASDAQ:GNLN ) stock during the past year.
Is Greenlane renewables (GRN) a TSX star?
Greenlane Renewables ( Greenlane Renewables Stock Quote, Chart, News, Analysts, Financials TSX:GRN) was a TSX star last year, delivering a massive 460 per cent in 2020, but the stock has pulled back considerably in recent months.
Is Greenlane's P/E ratio good or bad?
The P/E ratio of Greenlane is -0.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Greenlane is -0.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Is Greenlane holdings a good stock to buy?
Is GREENLANE HOLDINGS Stock a good buy in 2022, according to Wall Street analysts? The consensus among 4 Wall Street analysts covering (NASDAQ: GNLN) stock is to Strong Buy GNLN stock.
Is GNLN a buy or sell?
The Price to Earnings ratio or P/E is price divided by earnings....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy25.08%2Buy18.56%3Hold10.15%4Sell5.79%2 more rows
When did Greenlane go public?
2019Greenlane was formed in 2005 and went public in 2019, raising net proceeds of $79.5 million at $17 per share. The stock trades at just under $2.50 a share, translating to a market cap of around $220 million when giving effect to 5.9 million pre-funded warrants.
Where is Greenlane holdings located?
Boca Raton, FLCompany Description: Greenlane Holdings, Inc. is located in Boca Raton, FL, United States and is part of the Other Miscellaneous Store Retailers Industry.
Will Greenlane holdings go up?
Greenlane Holdings Inc (NASDAQ:GNLN) The 6 analysts offering 12-month price forecasts for Greenlane Holdings Inc have a median target of 2.00, with a high estimate of 5.00 and a low estimate of 1.00. The median estimate represents a +626.22% increase from the last price of 0.28.
Is Greenlane renewables a good buy?
Greenlane Renewables has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.
What is Greenlane holding?
Greenlane Holdings is a global house of brands and one of the largest sellers of premium cannabis accessories, child-resistant packaging, and specialty vaporization products to smoke shops, dispensaries, and specialty retail stores, as well as direct to consumer through its online e-commerce platforms.
What is Kshb stock price?
Key Turning Points52-Week High2.1000Fibonacci 50%1.2650Fibonacci 38.2%1.0679Last Price0.695052-Week Low0.43001 more row•Aug 31, 2021
Where is KushCo located?
Cypress, CaliforniaWhere is KushCo Holdings 's headquarters? KushCo Holdings is located in Cypress, California, United States .
Is Greenlane a buy right now?
6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Greenlane in the last twelve months. There are currently...
Are investors shorting Greenlane?
Greenlane saw a drop in short interest in May. As of May 15th, there was short interest totaling 3,260,000 shares, a drop of 36.8% from the April 3...
When is Greenlane's next earnings date?
Greenlane is scheduled to release its next quarterly earnings announcement on Monday, August 15th 2022. View our earnings forecast for Greenlane .
How were Greenlane's earnings last quarter?
Greenlane Holdings, Inc. (NASDAQ:GNLN) announced its quarterly earnings data on Wednesday, March, 30th. The company reported ($0.09) earnings per s...
What guidance has Greenlane issued on next quarter's earnings?
Greenlane issued an update on its fourth quarter 2021 earnings guidance on Thursday, April, 7th. The company provided earnings per share guidance o...
What price target have analysts set for GNLN?
6 analysts have issued 1-year price targets for Greenlane's shares. Their forecasts range from $1.00 to $6.30. On average, they anticipate Greenlan...
Who are Greenlane's key executives?
Greenlane's management team includes the following people: Mr. Nicholas Kovacevich , CEO & Director (Age 36, Pay $572.12k) Mr. Aaron LoCascio ,...
What is 's approval rating as Greenlane's CEO?
2 employees have rated Greenlane CEO on Glassdoor.com . has an approval rating of 100% among Greenlane's employees. This puts in the top 10% of ap...
Who are some of Greenlane's key competitors?
Some companies that are related to Greenlane include Lee Enterprises (LEE) , Blue Apron (APRN) , Bridgford Foods (BRID) , Armanino Foods of Dis...
What is Greenlane Renewables Inc. stock symbol?
Greenlane Renewables Inc. is a Canadian stock, trading under the symbol GRN-T on the Toronto Stock Exchange (undefined). It is usually referred to...
Is Greenlane Renewables Inc. a buy or a sell?
In the last year, 3 stock analysts published opinions about GRN-T. 3 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stoc...
Is Greenlane Renewables Inc. a good investment or a top pick?
Greenlane Renewables Inc. was recommended as a Top Pick by null on null. Read the latest stock experts ratings for Greenlane Renewables Inc..
Why is Greenlane Renewables Inc. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should b...
Is Greenlane Renewables Inc. worth watching?
3 stock analysts on Stockchase covered Greenlane Renewables Inc. In the last year. It is a trending stock that is worth watching.
What is Greenlane Renewables Inc. stock price?
On 2022-05-27, Greenlane Renewables Inc. (GRN-T) stock closed at a price of $0.78.