How to Buy Greenlane Holdings Stock
Greenlane Holdings Inc
Greenlane Holdings, Inc. develops and distributes cannabis accessories, child-resistant packaging, vape solutions, and lifestyle products in the United States, Canada, and Europe.
Greenlane Holdings stock last closed at $3.22, up 0.31% from the previous day, and has decreased 99.84% in one year. It has underperformed other stocks in the Tobacco industry by 0.15 percentage points. Greenlane Holdings stock is currently +17.09% from its 52-week low of $2.75, and -99.88% from its 52-week high of $2,737.50.
There are currently 1.39M GNLN shares outstanding. The market capitalization of GNLN is $4.46M. In the past 24 hours, 16,400 GNLN shares were traded.
How to Buy Greenlane Holdings Stock
Wondering how to invest in Greenlane Holdings stock? Here's how.
- Figure out where to buy Greenlane Holdings stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you figure out where to buy Greenlane Holdings stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your information.
- Evaluate Greenlane Holdings stock: The Greenlane Holdings ticker symbol is GNLN. Is Greenlane Holdings stock a good investment? Should you buy shares of GNLN? How do GNLN's underlying business fundamentals look? Do top analysts think Greenlane Holdings is a good buy? Why has GNLN's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if GNLN is a good stock to buy).
- Place your GNLN purchase: Decide if you will purchase GNLN shares at the current market price or use a limit order to buy GNLN stock at a particular price.
- Get the latest news on your GNLN position: Create a watchlist to monitor your investment in Greenlane Holdings shares.
Step 1: Figure out where to buy Greenlane Holdings stock
You will need an online brokerage account to access the NASDAQ market and buy GNLN stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
- Invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world financial markets: From Technology to Industrials, New York to Shanghai (for US users, only US stocks are available) — you can fill your portfolio with stocks from the world's top exchanges.
- Social investing: eToro offers a community with more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of other investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of stock by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal details so you are able to buy GNLN today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to start your new brokerage account.
- Send your application by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on app for stock market, you can securely and quickly fund your account:
Watch this video walkthrough for more details transferring funds into your brokerage account.
Step 4: Evaluate Greenlane Holdings stock
Once you have chosen the best place to buy Greenlane Holdings stock, it's crucial to evaluate their stock before you invest, so you actually wrap your head around the risk as well as the opportunity.
Greenlane Holdings shares data
Greenlane Holdings Due Diligence Score
WallStreetZen was created to help part-time investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on GNLN's stock page.
Is GNLN stock undervalued?
Investors use many financial metrics, analyses, models, and charts to gauge GNLN's true value.
Using relative valuations metrics:
- GNLN may be undervalued based on its P/B ratio of 0.22x, relative to Tobacco industry P/B ratio of 8.52x
You can access more valuation analysis on GNLN's stock here.
GNLN Financial Health Summary
Pros:
- GNLN has $5.72M in cash and short term investments. This is enough to cover its annual cash burn of $14.43M.
- Total GNLN debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the GNLN balance sheet.
- There are more short-term assets than short-term liabilities on the GNLN balance sheet.
Cons:
- GNLN profit margin has gone down from -66.6% to -246.6% in the past year.
- GNLN has cash burn of 14427000. It does not have enough cash and short-term investments to cover this.
- GNLN has a relatively high debt to equity ratio of 0.59.
You can dig deeper into what analysts are forecasting on the Greenlane Holdings stock forecast page.
GNLN Momentum
GNLN Earnings
Last year, GNLN revenue was $7.95M. Over the past five year, GNLN's revenue has increased by -44.3% per year. This was slower than the Tobacco industry average of 3.16%.
Learn more about GNLN's earnings and revenue performance here.
Are GNLN insiders buying or selling the stock?
In the last year, executives and large shareholders at GNLN have not bought or sold any shares.
Research more about who owns GNLN shares here.
Does GNLN provide a stable income stream?
No, Greenlane Holdings doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Place your GNLN purchase
You have two main options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.
Click the Open button and eToro will execute the order.
If you need more help investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your GNLN position
Now that you own some shares in GNLN, you'll want to stay up-to-date on your shares.
Add GNLN to a watchlist to get the latest updates about your GNLN stock.
GNLN Feed
How to Buy Stock in Greenlane Holdings
To reiterate, here are the 6 steps to buy Greenlane Holdings stock:
- Figure out where to buy Greenlane Holdings stock
- Sign up for your brokerage account
- Fund your brokerage account
- Evaluate Greenlane Holdings stock
- Place your GNLN purchase
- Get the latest news on your GNLN position
If you are looking for a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Greenlane Holdings, create your watchlist below.
Other Stock Buying Guides You Might Find Useful
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsPerformanceHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.