GREENLANE Story

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GNLN -- USA Stock  

USD 5.73  0.31  5.13%

GREENLANE HOLDINGS is currently generating 0.8834% in daily expected returns and assumes 8.2781% risk (volatility on return distribution) over the 60 days horizon. While some risk-seeking institutional investors are getting worried about healthcare space, it is reasonable to outline GREENLANE HOLDINGS INC as a possible investment alternative. We are going to inspect if the current expected returns justify GREENLANE HOLDINGS's volatility. The latest GREENLANE risk factors may impact the value of the stock as we estimate GREENLANE HOLDINGS as currently overvalued. The real value is approaching 5.86 per share.
Published over a week ago
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GREENLANE HOLDINGS (NASDAQ:GNLN) high volatility trend continues
This firm currently holds 11.98 M in liabilities with Debt to Equity (D/E) ratio of 0.15, which may suggest the firm is not taking enough advantage from borrowing. The company has a current ratio of 2.68, suggesting that it is liquid enough and is able to pay its financial obligations when due.
On a scale of 0 to 100, GREENLANE HOLDINGS holds a performance score of 7. The company retains a Market Volatility (i.e. Beta) of 0.5376, which attests to possible diversification benefits within a given portfolio. Let's try to break down what GREENLANE's beta means in this case. As returns on the market increase, GREENLANE HOLDINGS returns are expected to increase less than the market. However, during the bear market, the loss on holding GREENLANE HOLDINGS will be expected to be smaller as well. Although it is vital to follow GREENLANE HOLDINGS INC current price history, it is good to be conservative about what you can do with the information regarding equity current price movements. The approach to determining future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-one technical indicators for GREENLANE HOLDINGS INC, which you can use to evaluate the performance of the firm. Please utilizes GREENLANE HOLDINGS variance, as well as the relationship between the value at risk and skewness to make a quick decision on whether GREENLANE HOLDINGS INC current trending patterns will revert.
Volatility is a rate at which the price of GREENLANE HOLDINGS or any other equity instrument increases or decreases for a given set of returns. It is measured by calculating the standard deviation of the annualized returns over a given period of time and shows the range to which the price of GREENLANE HOLDINGS may increase or decrease. In other words, similar to GREENLANE's beta indicator, it measures the risk of GREENLANE HOLDINGS and helps estimate the fluctuations that may happen in a short period of time. So if prices of GREENLANE HOLDINGS fluctuate rapidly in a short time span, it is termed to have high volatility, and if it swings slowly in a more extended period, it is understood to have low volatility.
Please read more on our technical analysis page.

How important is GREENLANE HOLDINGS's Liquidity

GREENLANE HOLDINGS financial leverage refers to using borrowed capital as a funding source to finance GREENLANE HOLDINGS INC ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. GREENLANE HOLDINGS financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between GREENLANE HOLDINGS's total debt and its cash.

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 (13.27 Million)

GREENLANE HOLDINGS Volatility Drivers

GREENLANE HOLDINGS unsystematic risk is unique to GREENLANE HOLDINGS INC and usually not directly affected by the market or economic environment. An example of unsystematic risk is the possibility of poor earnings or a layoff due to coronavirus. One may mitigate nonsystematic risk by buying different securities in the same industry or by buying in different sectors. For example, if you have a position in GREENLANE HOLDINGS you can also buy China Jojo Drugstore. You can also mitigate this risk by investing in the pharmaceutical retailers sector as well as in companies having nothing to do with it. This type of risk is also called diversifiable risk and can be understood from analyzing GREENLANE HOLDINGS important indicators over time. Here we run a correlation analysis between relevant fundamental ratios over at least ten year period to find a relationship in the way they react to changes in GREENLANE HOLDINGS income statement and balance sheet. Here are more details about GREENLANE volatility.
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Conversion by Jacoby Co Inc of 587625 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 conversion of common units by Jacoby Co Inc, the corporate stakeholder, on 7th of April 2021. This event was filed by Greenlane Holdings Inc with SEC on 2021-04-07. 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.

An Additional Perspective On GREENLANE HOLDINGS INC

GREENLANE HOLDINGS INC reported the previous year's revenue of 139.27 M. Net Loss for the year was (13.99 M) with profit before overhead, payroll, taxes, and interest of 31.09 M.

Over 3 percent rise for GREENLANE HOLDINGS. What does it mean for institutional investors?

GREENLANE HOLDINGS latest sortino ratio surges over 0.13. GREENLANE HOLDINGS INC is displaying above-average volatility over the selected time horizon. Investors should scrutinize GREENLANE HOLDINGS INC independently to ensure intended market timing strategies are aligned with expectations about GREENLANE HOLDINGS volatility. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure GREENLANE HOLDINGS's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact GREENLANE HOLDINGS's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Our Final Perspective on GREENLANE HOLDINGS

Whereas other companies under the pharmaceutical retailers industry are still a bit expensive, GREENLANE HOLDINGS may offer a potential longer-term growth to institutional investors. To conclude, as of the 2nd of April 2021, we believe that at this point, GREENLANE HOLDINGS is risky with very low probability of distress within the next 2 years. From a slightly different point of view, the entity appears to be overvalued. Our current 30 days buy vs. sell advice on the company is Hold.

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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