Curaleaf (OTCMKTS:CURLF) Hits New 52-Week Low – Here’s What Happened

Curaleaf Holdings, Inc. (OTCMKTS:CURLF) hit a new 52-week low on Tuesday . The stock traded as low as $0.87 and last traded at $0.89, with a volume of 534912 shares changing hands. The stock had previously closed at $0.91.

Curaleaf Trading Down 1.4 %

The business’s 50 day simple moving average is $1.28 and its 200-day simple moving average is $1.98. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.11 and a quick ratio of 0.51. The stock has a market capitalization of $590.70 million, a P/E ratio of -3.08 and a beta of 0.57.

Curaleaf (OTCMKTS:CURLF) last announced its quarterly earnings data on Monday, March 3rd. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.07) by $0.09. The business had revenue of $331.05 million during the quarter, compared to analysts’ expectations of $331.87 million. Curaleaf had a negative return on equity of 13.67% and a negative net margin of 14.82%. As a group, analysts forecast that Curaleaf Holdings, Inc. will post -0.25 EPS for the current year.

Curaleaf Company Profile

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.