Green Thumb Industries Inc. (OTCMKTS:GTBIF – Get Free Report)’s stock price rose 5.5% during mid-day trading on Monday . The company traded as high as $12.59 and last traded at $12.55. Approximately 342,053 shares were traded during trading, a decline of 38% from the average daily volume of 550,913 shares. The stock had previously closed at $11.90.
Wall Street Analyst Weigh In
GTBIF has been the topic of a number of analyst reports. Wedbush boosted their price objective on Green Thumb Industries from $15.00 to $16.00 and gave the company an “outperform” rating in a research note on Friday, May 10th. Needham & Company LLC raised their price target on Green Thumb Industries from $15.50 to $17.00 and gave the company a “buy” rating in a report on Thursday, May 9th.
Check Out Our Latest Analysis on Green Thumb Industries
Green Thumb Industries Trading Up 5.5 % The stock has a 50 day simple moving average of $12.26 and a 200 day simple moving average of $12.49. The firm has a market capitalization of $2.67 billion, a PE ratio of 52.29 and a beta of 1.41.
Green Thumb Industries (OTCMKTS:GTBIF – Get Free Report) last announced its quarterly earnings results
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