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How to buy Greenlane stock

Own Greenlane stock in just a few minutes.

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Greenlane Holdings, Inc is a pharmaceutical retailers business based in the US. Greenlane shares (GNLN) are listed on the NASDAQ and all prices are listed in US Dollars. Greenlane employs 350 staff and has a trailing 12-month revenue of around USD$148.4 million.

How to buy shares in Greenlane

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Greenlane. Find the stock by name or ticker symbol: GNLN. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Greenlane reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. Weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Greenlane, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Greenlane. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Greenlane share price

Use our graph to track the performance of GNLN stocks over time.

Greenlane shares at a glance

Information last updated 2020-10-19.
52-week range USD$1.0184 - USD$4.49
50-day moving average USD$2.4872
200-day moving average USD$2.9164
Wall St. target price USD$5.4
PE ratio 41.0486
Dividend yield N/A (0%)
Earnings per share (TTM) USD$0.299

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Greenlane stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Is Greenlane under- or over-valued?

Valuing Greenlane stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Greenlane's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Greenlane's P/E ratio

Greenlane's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 41x. In other words, Greenlane shares trade at around 41x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Greenlane financials

Revenue TTM USD$148.4 million
Gross profit TTM USD$31.1 million
Return on assets TTM -11.45%
Return on equity TTM -37.46%
Profit margin -10.71%
Book value $1.758
Market capitalisation USD$120.5 million

TTM: trailing 12 months

Shorting Greenlane shares

There are currently 679,929 Greenlane shares held short by investors – that's known as Greenlane's "short interest". This figure is 0.3% down from 681,908 last month.

There are a few different ways that this level of interest in shorting Greenlane shares can be evaluated.

Greenlane's "short interest ratio" (SIR)

Greenlane's "short interest ratio" (SIR) is the quantity of Greenlane shares currently shorted divided by the average quantity of Greenlane shares traded daily (recently around 155590.16018307). Greenlane's SIR currently stands at 4.37. In other words for every 100,000 Greenlane shares traded daily on the market, roughly 4370 shares are currently held short.

However Greenlane's short interest can also be evaluated against the total number of Greenlane shares, or, against the total number of tradable Greenlane shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Greenlane's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Greenlane shares in existence, roughly 20 shares are currently held short) or 0.0538% of the tradable shares (for every 100,000 tradable Greenlane shares, roughly 54 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Greenlane.

Find out more about how you can short Greenlane stock.

Greenlane share dividends

We're not expecting Greenlane to pay a dividend over the next 12 months.

Greenlane overview

Greenlane Holdings, Inc. distribute consumption accessories and vaporization products to wholesale and retail customers in the United States and Canada. The company offers vaporizers and parts, cleaning products, grinders and storage containers, pipes, rolling papers, and customized lines of specialty packaging. It also operates e-commerce Websites, such as VaporNation.com and VapeWorld.com. The company was founded in 2005 and is headquartered in Boca Raton, Florida.

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