Green Thumb Industries (OTC:GTBIF) Stock Price Down 2.9% – Here’s Why

Green Thumb Industries Inc. (OTC:GTBIFGet Free Report)’s stock price was down 2.9% during trading on Tuesday . The company traded as low as $5.20 and last traded at $5.24. Approximately 216,770 shares changed hands during mid-day trading, a decline of 51% from the average daily volume of 440,492 shares. The stock had previously closed at $5.40.

Green Thumb Industries Stock Down 2.9%

The stock has a market capitalization of $1.11 billion, a price-to-earnings ratio of 19.42 and a beta of 1.32. The stock’s 50-day simple moving average is $5.53 and its 200 day simple moving average is $6.82.

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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