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

Curaleaf Holdings, Inc. (OTCMKTS:CURLF)’s share price reached a new 52-week low during trading on Thursday . The stock 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.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Cormark lowered Curaleaf from a “moderate buy” rating to a “hold” rating in a report on Thursday, November 7th. Roth Capital raised Curaleaf to a “strong-buy” rating in a report on Sunday, November 10th.

Curaleaf Stock Down 1.7 %

The company’s fifty day moving average is $2.58 and its 200 day moving average is $3.32. The company has a quick ratio of 0.51, a current ratio of 1.11 and a debt-to-equity ratio of 0.85.

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.