Curaleaf (OTCMKTS:CURLF) Sets New 1-Year Low – Here’s What Happened

Shares of Curaleaf Holdings, Inc. (OTCMKTS:CURLF) hit a new 52-week low during trading on Thursday . The company traded as low as $0.81 and last traded at $0.85, with a volume of 466595 shares trading hands. The stock had previously closed at $0.89.

Curaleaf Stock Down 9.3 %

The firm has a market cap of $509.63 million, a P/E ratio of -2.66 and a beta of 0.95. The stock’s 50 day simple moving average is $1.19 and its 200 day simple moving average is $1.86. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.51 and a current ratio of 1.11.

Curaleaf (OTCMKTS:CURLF) last issued its quarterly earnings data on Monday, March 3rd. The company reported $0.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.07) by $0.09. Curaleaf had a negative net margin of 14.82% and a negative return on equity of 13.67%. The firm had revenue of $331.05 million during the quarter, compared to analysts’ expectations of $331.87 million. Research analysts anticipate that Curaleaf Holdings, Inc. will post -0.25 EPS for the current year.

About Curaleaf

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.