Green Thumb Industries (OTC:GTBIF) Sets New 12-Month Low – Should You Sell?

Green Thumb Industries Inc. (OTC:GTBIFGet Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $5.52 and last traded at $5.62, with a volume of 590819 shares changing hands. The stock had previously closed at $5.85.

Green Thumb Industries Trading Down 3.9 %

The stock has a market cap of $1.19 billion, a P/E ratio of 20.82 and a beta of 1.30. The company’s fifty day simple moving average is $6.88 and its 200-day simple moving average is $8.49.

Green Thumb Industries Company Profile

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Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon’s, Good Green, incredibles, and RHYTHM brands.

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