Curaleaf (OTCMKTS:CURLF) Trading Down 0.5% – Time to Sell?

Curaleaf Holdings, Inc. (OTCMKTS:CURLF) traded down 0.5% during trading on Thursday . The stock traded as low as $1.33 and last traded at $1.37. 340,191 shares were traded during trading, a decline of 48% from the average session volume of 659,549 shares. The stock had previously closed at $1.38.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on CURLF shares. Roth Capital raised shares of Curaleaf to a “strong-buy” rating in a report on Sunday, November 10th. Cormark cut shares of Curaleaf from a “moderate buy” rating to a “hold” rating in a research note on Thursday, November 7th.

Curaleaf Price Performance

The firm has a market cap of $981.33 million, a PE ratio of -5.21 and a beta of 0.64. The firm’s fifty day simple moving average is $1.72 and its two-hundred day simple moving average is $2.74. The company has a quick ratio of 0.51, a current ratio of 1.11 and a debt-to-equity ratio of 0.85.

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.