Shares of Verano Holdings Corp. (OTCMKTS:VRNOF – Get Free Report) were down 4.3% on Monday . The stock traded as low as $3.99 and last traded at $4.01. Approximately 121,860 shares traded hands during trading, a decline of 75% from the average daily volume of 480,361 shares. The stock had previously closed at $4.19.
Analyst Upgrades and Downgrades
Separately, Needham & Company LLC restated a “buy” rating and set a $7.00 target price on shares of Verano in a report on Wednesday, May 8th.
View Our Latest Stock Report on VRNOF
Verano Trading Down 4.3 %
The company has a market cap of $1.38 billion, a P/E ratio of -12.53 and a beta of 1.30. The company has a quick ratio of 0.61, a current ratio of 1.01 and a debt-to-equity ratio of 0.39. The business has a fifty day moving average price of $5.15 and a 200-day moving average price of $5.06.
Verano (OTCMKTS:VRNOF – Get Free Report) last posted its earnings results on Wednesday, May 8th. The company reported ($0.01) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.08) by $0.07. Verano had a negative return on equity of 4.28% and a negative net margin of 12.11%. The company had
