KushCo Holdings Inc (OTCMKTS:KSHB) Director Dallas Imbimbo sold 224,174 shares of the stock in a transaction on Wednesday, September 12th. The shares were sold at an average price of $5.41, for a total value of $1,212,781.34. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Shares of KushCo stock opened at $5.41 on Friday. KushCo Holdings Inc has a 1-year low of $1.82 and a 1-year high of $8.51.

KushCo (OTCMKTS:KSHB) last announced its earnings results on Thursday, July 12th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $12.90 million for the quarter, compared to analyst estimates of $12.03 million. KushCo had a negative net margin of 6.84% and a negative return on equity of 5.25%. The business’s revenue was up 174.5% compared to the same quarter last year. equities research analysts anticipate that KushCo Holdings Inc will post -0.06 earnings per share for the current fiscal year.

Separately, Zacks Investment Research upgraded KushCo from a “sell” rating to a “hold” rating in a research note on Wednesday, August 15th.

About KushCo

KushCo Holdings, Inc, through its subsidiaries, provides various products and services for the regulated cannabis, CBD, and other related industries. It distributes vaporizer products, packaging, supplies, and accessories, as well as offers branding services to cannabis operators; and provides hydrocarbon gases and solvents to the cannabis sector.

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