Stock FAQs

why is planet 13 stock dropping

by Anderson Lueilwitz Published 3 years ago Updated 2 years ago
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Will planet 13 Holdings stock grow/rise/go up?

Mar 31, 2022 · Planet 13 saw a drop in short interest in the month of February. As of February 28th, there was short interest totaling 426,600 shares, a drop of 23.0% from the February 13th total of 553,800 shares. Based on an average daily volume of 749,100 shares, the short-interest ratio is currently 0.6 days. View Planet 13's Short Interest.

Is planet 13 Holdings Inc (plnhf) stock undervalued?

Find the latest Planet 13 Holdings Inc. (PLNHF) stock discussion in Yahoo Finance's forum. Share your opinion and gain insight from other stock traders and investors.

Is planet 13 a buy or sell?

Jan 21, 2022 · In Planet 13 Holdings' case, its Co-Chief Executive Officer, Larry Scheffler, is the largest shareholder, holding 20% of shares outstanding. Robert Groesbeck is the second largest shareholder owning 20% of common stock, and Christopher Wren holds about 2.1% of the company stock.

Is there an upside for Planet 13 stock?

Planet 13 Holdings Inc quote is equal to 2.070 USD at 2022-03-19. Based on our forecasts, a long-term increase is expected, the "PLNHF" stock price prognosis for 2027-03-12 is 4.446 USD. With a 5-year investment, the revenue is expected to be around +114.79%. Your current $100 investment may be up to $214.79 in 2027.

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Is Planet 13 holdings a good investment?

Planet 13 Holdings PLNHF stock is one of my Top Picks – Best Marijuana Stocks To Buy Now. There is a lot I like about this company and, I see continued capabilities with increases in this company's revenue. For now, they are really starting spend money on SG&A, Sales, General & Administrative.Nov 3, 2021

Is Plnhf undervalued?

The company boasts strong profit margins that rank highly among peers. The stock is deeply undervalued and long-term shareholders should be generously rewarded.Nov 15, 2021

Is Planet 13 stock a buy or sell?

Planet 13 has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

What company owns Planet 13?

Planet 13 Holdings, Inc. is a cannabis company based in Nevada, United States. On Nov 1, 2018, the company opened its cannabis dispensary in Las Vegas which became the largest cannabis dispensary in the world at 112,000 square feet....Planet 13 Holdings.Traded asCSE: PLTH and OTCQX: PLNHFWebsitehttps://www.planet13holdings.com6 more rows

Is Planet 13 a MSO?

Nevada-based Planet 13 Holdings is one of those MSOs looking to spread its wings.Mar 17, 2022

What is the price target for Planet 13?

The 4 analysts offering 12-month price forecasts for Planet 13 Holdings Inc have a median target of 3.75, with a high estimate of 4.50 and a low estimate of 3.39. The median estimate represents a +73.46% increase from the last price of 2.16.

Is Planet 13 a Canadian company?

PLTH:CNCanadian Sec. Planet 13 Holdings Inc.

Can you smoke in Planet 13?

The masses of tourists buying cannabis products at Planet 13 have almost nowhere to smoke it legally — not on the sidewalk and not in their hotel rooms.Nov 25, 2021

Is Planet 13 a buy right now?

1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Planet 13 in the last twelve months. There are currently 1 buy ra...

How has Planet 13's stock price been impacted by Coronavirus (COVID-19)?

Planet 13's stock was trading at $1.40 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organi...

Are investors shorting Planet 13?

Planet 13 saw a drop in short interest in February. As of February 28th, there was short interest totaling 426,600 shares, a drop of 23.0% from the...

When is Planet 13's next earnings date?

Planet 13 is scheduled to release its next quarterly earnings announcement on Monday, April 4th 2022. View our earnings forecast for Planet 13 .

What price target have analysts set for PLNHF?

1 brokers have issued twelve-month price targets for Planet 13's shares. Their forecasts range from $7.00 to $7.00. On average, they anticipate Pla...

Who are Planet 13's key executives?

Planet 13's management team includes the following people: Robert A. Groesbeck , Co-Chairman & Co-Chief Executive Officer Larry N. Scheffler , C...

Who are some of Planet 13's key competitors?

Some companies that are related to Planet 13 include Canadian Tire (CDNTF) , China Yongda Automobiles Services (CYYHF) , Papillon Resources (PIR...

What is Planet 13's stock symbol?

Planet 13 trades on the OTCMKTS under the ticker symbol "PLNHF."

How do I buy shares of Planet 13?

Shares of PLNHF can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBu...

"Should I invest in Planet 13 Holdings stock?" "Should I trade "PLNHF" stock today?"

According to our live Forecast System, Planet 13 Holdings Inc stock is a very good long-term (1-year)...

What is the Planet 13 Holdings stock price / share price today?

The Planet 13 Holdings stock price is 2.070 USD today.

Will Planet 13 Holdings stock price grow / rise / go up?

Yes. The PLNHF stock price can go up from 2.070 USD to 2.588 USD in...

Is it profitable to invest in Planet 13 Holdings stock?

Yes. The long-term earning potential is + 25.01 % in one year.

Will PLNHF stock price fall / drop?

No. See above .

What will Planet 13 Holdings stock price be worth in five years (2027)?

The PLNHF ("PLNHF" ) future stock price will be 4.446 USD .

Will PLNHF stock price crash?

According to our analysis, this will not happen.

Will Planet 13 Holdings stock price hit 10 USD price in a year?

Not within a year. See above .

Will Planet 13 Holdings stock price hit 20 USD price in a year?

Not within a year. See above .

Analysis and Opinions about PLTH-CN

They've done financing, rising from 80 cents to $4 then back to $1. A round trip. They're opening a big cannabis supercentre in Vegas that'll probably do well, but this stock got expensive. And cannabis is still speculative. He's waiting-and-seeing.

Planet 13 Holdings Inc. (PLTH-CN) Rating

Stockchase rating for Planet 13 Holdings Inc. is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Planet 13 Holdings Inc. (PLTH-CN) Frequently Asked Questions

Planet 13 Holdings Inc. is a OTC stock, trading under the symbol PLTH-CN on the (). It is usually referred to as or PLTH-CN

Planet 13 Holdings Inc Stock Forecast

Is Planet 13 Holdings Inc Stock Undervalued?#N#The current Planet 13 Holdings Inc [ PLNHF] share price is $4.90. The Score for PLNHF is 52, which is 4% above its historic median score of 50, and infers lower risk than normal.

Planet 13 Holdings Inc Stock Price History

Based on the share price being below its 5, 20 & 50 day exponential moving averages, the current trend is considered strongly bearish and PLNHF is experiencing selling pressure, which indicates risk of future bearish movement.

Stock Predictions

Is Planet 13 Holdings Inc stock public?#N#Yes, Planet 13 Holdings Inc is a publicly traded company.

Where is Planet 13 located?

The secret to Planet 13's success so far is its primary retail location near the Las Vegas Strip. In 2019, the store accounted for about 9% of Nevada's total cannabis sales, serving more than 1 million customers.

Where is Alex from the Fool?

Alex began writing for the Fool in early 2020 and follows companies in the healthcare sector . Formerly a researcher in the biotech industry, he leverages his science background in his work as a writer and entrepreneur. His interests include exploring his hometown of Boston, traveling in Latin America, and value investing.

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