Curaleaf (OTCMKTS:CURLF) Sets New 1-Year High – Still a Buy?

Curaleaf Holdings, Inc. (OTCMKTS:CURLFGet Free Report)’s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $5.01 and last traded at $4.70, with a volume of 5314793 shares trading hands. The stock had previously closed at $4.5330.

Trending Headlines about Curaleaf

Here are the key news stories impacting Curaleaf this week:

Analyst Ratings Changes

A number of analysts recently issued reports on the company. Canaccord Genuity Group raised Curaleaf to a “strong-buy” rating in a research report on Thursday, October 9th. Atb Cap Markets raised shares of Curaleaf from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 2nd. Finally, ATB Capital upgraded shares of Curaleaf to an “outperform” rating in a research report on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Strong Buy”.

Check Out Our Latest Research Report on Curaleaf

Curaleaf Stock Down 5.5%

The company has a market capitalization of $2.05 billion, a PE ratio of -9.43 and a beta of 0.77. The company has a current ratio of 1.47, a quick ratio of 0.71 and a debt-to-equity ratio of 0.96. The business has a fifty day moving average of $2.76 and a 200 day moving average of $2.22.

Curaleaf (OTCMKTS:CURLFGet Free Report) last issued its quarterly earnings results on Wednesday, November 5th. The company reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.01. Curaleaf had a negative net margin of 19.50% and a negative return on equity of 15.57%. Equities research analysts anticipate that Curaleaf Holdings, Inc. will post -0.25 EPS for the current year.

About Curaleaf

(Get Free Report)

Curaleaf Holdings, Inc is a leading American cannabis company engaged in the cultivation, processing and distribution of both medical and adult-use cannabis products. Headquartered in Wakefield, Massachusetts, Curaleaf operates cultivation facilities, processing centers and retail dispensaries across multiple U.S. jurisdictions. The company’s vertically integrated model allows it to manage the entirety of its supply chain, from seed to sale, ensuring consistent quality and compliance with stringent regulatory requirements.

Curaleaf’s product portfolio spans a wide range of formats, including premium flower, vaporizer cartridges, edibles, tinctures, topicals and concentrates.

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