Green Thumb Industries Inc. (OTCMKTS:GTBIF – Get Free Report)’s stock price shot up 5.5% on Monday . The stock traded as high as $12.59 and last traded at $12.55. 342,053 shares were traded during mid-day trading, a decline of 38% from the average session volume of 550,913 shares. The stock had previously closed at $11.90.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on GTBIF. Needham & Company LLC lifted their price objective on shares of Green Thumb Industries from $15.50 to $17.00 and gave the company a “buy” rating in a research note on Thursday, May 9th. Wedbush lifted their price objective on shares of Green Thumb Industries from $15.00 to $16.00 and gave the company an “outperform” rating in a research note on Friday, May 10th.
Read Our Latest Research Report on Green Thumb Industries
Green Thumb Industries Stock Performance
The firm has a market cap of $2.67 billion, a P/E ratio of 49.58 and a beta of 1.42. The stock’s 50 day simple moving average is $12.26 and its 200 day simple moving average is $12.49.
Green Thumb Industries (OTCMKTS:GTBIF – Get Free Report) last posted its earnings results on Wednesday, May 8th. The company reported $0.13 earnings
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