Curaleaf Holdings, Inc. (OTCMKTS:CURLF – Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $6.40 and last traded at $6.28, with a volume of 3703682 shares. The stock had previously closed at $5.04.
Wall Street Analysts Forecast Growth
Separately, Needham & Company LLC increased their target price on Curaleaf from $4.25 to $5.25 and gave the company a “buy” rating in a research note on Thursday, March 7th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Curaleaf currently has an average rating of “Hold” and an average price target of $4.13.
Check Out Our Latest Stock Analysis on CURLF
Curaleaf Stock Performance
Curaleaf (OTCMKTS:CURLF – Get Free Report) last released its quarterly earnings results on Wednesday, March 6th. The company reported ($0.01) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.04. Curaleaf had a negative return on equity of 12.93% and a negative net margin of 20.77%. The firm had revenue of $345.27 million during the quarter, compared to analysts’ expectations of $336.64 million. As a group, analysts anticipate that Curaleaf Holdings, Inc. will post -0.18 earnings per share for the current fiscal year.
Curaleaf Company Profile
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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