Curaleaf (OTCMKTS:CURLF) Trading Down 3.5% – Here’s What Happened

Curaleaf Holdings, Inc. (OTCMKTS:CURLFGet Free Report)’s share price fell 3.5% on Friday . The stock traded as low as $0.78 and last traded at $0.80. 362,163 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 402,714 shares. The stock had previously closed at $0.83.

Curaleaf Price Performance

The company has a debt-to-equity ratio of 1.08, a current ratio of 1.41 and a quick ratio of 0.70. The firm has a market capitalization of $531.37 million, a P/E ratio of -2.58 and a beta of 0.59. The firm’s 50 day simple moving average is $0.87 and its two-hundred day simple moving average is $1.12.

Curaleaf (OTCMKTS:CURLFGet Free Report) last announced its quarterly earnings data on Thursday, May 8th. The company reported ($0.07) earnings per share for the quarter, meeting the consensus estimate of ($0.07). Curaleaf had a negative return on equity of 14.12% and a negative net margin of 17.37%. As a group, analysts predict that Curaleaf Holdings, Inc. will post -0.25 earnings per share for the current year.

About Curaleaf

(Get Free Report)

Curaleaf Holdings, Inc operates a cannabis operator in the United States. It operates through two segments, Domestic Operations and International Operations. The company offers flower, pre-rolls, flower pots, and dry-herb vaporizer cartridges; concentrates for vaporizing which includes pre-filled vaporizer cartridges and disposable vaporizer pens; and concentrates for dabbing, such as mints, distillate droppers, mints, topical balms and lotions, tinctures, lozenges, capsules, and edibles.

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