Green Thumb Industries (OTC:GTBIF) Hits New 1-Year Low – Should You Sell?

Green Thumb Industries Inc. (OTC:GTBIFGet Free Report)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $6.60 and last traded at $6.99, with a volume of 625228 shares changing hands. The stock had previously closed at $6.80.

Wall Street Analyst Weigh In

Separately, Roth Capital raised Green Thumb Industries to a “strong-buy” rating in a research note on Sunday, November 10th.

Read Our Latest Stock Analysis on GTBIF

Green Thumb Industries Price Performance

The company has a 50-day moving average of $7.51. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of 25.89 and a beta of 1.31.

Green Thumb Industries Company Profile

(Get Free Report)

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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