GREENLANE Story

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GNLN -- USA Stock  

USD 3.28  0.34  11.56%

Whilst many millenniums are getting more into healthcare space, it makes sense to outline GREENLANE HOLDINGS INC against current trends within the economy. As expected, GREENLANE HOLDINGS is starting to reaffirm its true potential as institutional investors are becoming more and more confident in the future outlook. The returns on the market and returns on GREENLANE HOLDINGS appear somewhat sensitive to each other for the last few months. Conflicting basic indicators of the company may also entail signs of long-standing losses for GREENLANE institutional investors. The upcoming quarterly report is expected on the 13th of November 2020. The stock is still going through an active upward rally.
Published over a week ago
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Is GREENLANE HOLDINGS (NASDAQ:GNLN) about to rebound?
The company's average rating is Strong Buy from 4 analysts. Do analysts base this consensus on technical analyses? We know that typical technical analysis utilizes price momentum, patterns, and trends looking at historical prices. It aims to identify signals based on GREENLANE HOLDINGS market sentiment investors' perception of the future value of GREENLANE. Let us look at a few aspects of GREENLANE technical analysis. About 46.0% of the company shares are owned by institutional investors. GREENLANE HOLDINGS INC has price-to-book (P/B) ratio of 1.72. Some equities with similar Price to Book (P/B) outperform the market in the long run. The entity recorded a loss per share of 1.5. The firm had not issued any dividends in recent years.
Using predictive technical analysis, we will analyze different prices and returns patterns and diagnose historical swings to determine the real value of GREENLANE HOLDINGS INC. In general, we focus on analyzing GREENLANE HOLDINGS stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build GREENLANE HOLDINGS's daily price indicators and compare them against related drivers such as momentum indicators and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of GREENLANE HOLDINGS's intrinsic value. In addition to deriving basic predictive indicators for GREENLANE HOLDINGS, we also check how macroeconomic factors affect GREENLANE HOLDINGS price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.

How does GREENLANE Stands against Peers?

Analyzing GREENLANE HOLDINGS competition or peers my help you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Try to analyze the advantages of investing in traded instruments related to GREENLANE HOLDINGS across multiple sectors and thematic ideas. A good competitive analysis can cover a lot of different areas. But what areas to choose depends on who you are. The more exhaustive you are in your analysis, the more effective your competitive analysis will be.
Check out GREENLANE HOLDINGS Competition Details

How GREENLANE utilizes its cash?

To perform a cash flow analysis of GREENLANE HOLDINGS, investors first need to understand how to read the cash flow statement. A cash flow statement shows the amount of cash GREENLANE HOLDINGS is receiving and how much cash it distributes out in a given period. The GREENLANE HOLDINGS cash flow statement breaks down these inflows and outflows into different buckets, including operating activities, investing activities, and financing activities. GREENLANE HOLDINGS Net Cash Flow from Operations is quite stable at the moment as compared to the past year. The company's current value of Net Cash Flow from Operations is estimated at (37.87 Million)

Sale by Aaron LoCascio of 20021 shares of GREENLANE HOLDINGS

Legal trades by GREENLANE HOLDINGS insiders are very common, as founders, directors, or employees of any publicly traded firm often have stock or stock options. These trades are made public in the United States through the filing of Form 4 of the Securities and Exchange Commission. Below entry was recorded recently and is publicly available as an insider trade:
GREENLANE insider trading alert for sale of class a common stock by Aaron LoCascio, Chief Executive Officer, on 20th of October 2020. This event was filed by Greenlane Holdings Inc with SEC on 2020-10-20. Statement of changes in beneficial ownership - SEC Form 4 [view details]   
Note, although insider trading is legal, in the United States, Canada, Australia, and Germany, for mandatory reporting purposes, corporate insiders are defined as a company's officers, directors, and any beneficial owners of more than 10% of a class of the company's equity securities.

Breaking it down a bit more

GREENLANE HOLDINGS INC has a beta of 0.6399. Let's try to break down what GREENLANE's beta means in this case. The returns on MARKET and GREENLANE HOLDINGS are completely uncorrelated. The beta indicator helps investors understand whether GREENLANE HOLDINGS moves in the same direction as the rest of the market, and how volatile (i.e., risky) it is compared to the market (i.e., selected benchmark). In other words, if GREENLANE deviates very little from the market, it does not add much risk to the portfolio, but it also doesn't increase the expected returns. The entity reported the previous year's revenue of 148.39 M. Net Loss for the year was (15.9 M) with profit before overhead, payroll, taxes, and interest of 31.09 M.

Another 3 percent rise for GREENLANE HOLDINGS

Latest market risk adjusted performance indicator falls down to -0.23. Possible price upswing? As of the 12th of October 2020, GREENLANE HOLDINGS retains the risk adjusted performance of (0.020874), and Market Risk Adjusted Performance of (0.23). GREENLANE HOLDINGS technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices. Simply put, you can use this information to find out if the firm will indeed mirror its model of historical price patterns, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for GREENLANE HOLDINGS INC, which can be compared to its competitors. Please check out GREENLANE HOLDINGS INC variance, as well as the relationship between the value at risk and skewness to decide if GREENLANE HOLDINGS is priced fairly, providing market reflects its last-minute price of 3.02 per share. Given that GREENLANE HOLDINGS INC has jensen alpha of (0.25), we strongly advise you to confirm GREENLANE HOLDINGS INC's regular market performance to make sure the company can sustain itself in the future.

Whereas many other companies in the pharmaceutical retailers industry are either recovering or due for a correction, GREENLANE HOLDINGS may not be performing as strong as the other in terms of long-term growth potentials. The inconsistency in the assessment between current GREENLANE valuation and our trade advice on GREENLANE HOLDINGS is due to the recent market swings and your selection of investing horizon. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to GREENLANE HOLDINGS.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of GREENLANE HOLDINGS INC. Please refer to our Terms of Use for any information regarding our disclosure principles.

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