Curaleaf (OTCMKTS:CURLF) Sets New 52-Week Low – Should You Sell?

Curaleaf Holdings, Inc. (OTCMKTS:CURLF)’s stock price hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $0.88 and last traded at $1.74, with a volume of 580055 shares changing hands. The stock had previously closed at $1.75.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Roth Capital raised shares of Curaleaf to a “strong-buy” rating in a research note on Sunday, November 10th. Cormark lowered shares of Curaleaf from a “moderate buy” rating to a “hold” rating in a research report on Thursday, November 7th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $6.25 price objective on shares of Curaleaf in a research report on Thursday, August 8th.

Curaleaf Stock Performance

The company has a current ratio of 1.11, a quick ratio of 0.51 and a debt-to-equity ratio of 0.85. The company has a market cap of $1.13 billion, a PE ratio of -6.03 and a beta of 0.47. The firm’s fifty day moving average is $2.63 and its 200 day moving average is $3.36.

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.