Shares of Glass House Brands Inc. (OTCMKTS:GLASF – Get Free Report) fell 3.4% on Thursday . The company traded as low as C$7.00 and last traded at C$7.15. 182,345 shares were traded during mid-day trading, an increase of 48% from the average session volume of 122,969 shares. The stock had previously closed at C$7.40.
Glass House Brands Price Performance
The firm has a 50-day simple moving average of C$8.50 and a 200-day simple moving average of C$8.26.
Glass House Brands Company Profile
Glass House Brands Inc, together with its subsidiaries, operates as an integrated cannabis company in the United States. The company operates in three segments: Retail; Wholesale Biomass; and Cannabis-Related Consumer Packaged Goods. It cultivates, manufactures, and distributes cannabis bulk flowers and trims to wholesalers; and consumer packaged goods to third-party retail stores in California.
Featured Stories
- Five stocks we like better than Glass House Brands
- Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index
- Why Palo Alto Networks’ Multi-Year Uptrend Is Far From Over
- The Role Economic Reports Play in a Successful Investment Strategy
- 3 Rock-Solid Buying Opportunities in the Market Right Now
- Using the MarketBeat Dividend Yield Calculator
- TJX Companies Stock Poised to Hit a New High This Year
Receive News & Ratings for Glass House Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Glass House Brands and related companies with MarketBeat.com's FREE daily email newsletter.
