Verano (OTCMKTS:VRNOF – Get Free Report) is expected to release its earnings data before the market opens on Thursday, February 27th. Analysts expect Verano to post earnings of ($0.04) per share and revenue of $219.11 million for the quarter.
Verano Stock Down 10.5 %
Shares of OTCMKTS:VRNOF opened at $0.87 on Wednesday. The business’s 50 day moving average is $1.19 and its 200 day moving average is $2.24. Verano has a 12-month low of $0.85 and a 12-month high of $6.50. The stock has a market cap of $312.39 million, a price-to-earnings ratio of -2.12 and a beta of 0.90. The company has a quick ratio of 0.52, a current ratio of 0.99 and a debt-to-equity ratio of 0.39.
Wall Street Analyst Weigh In
Separately, Roth Capital raised shares of Verano to a “strong-buy” rating in a report on Sunday, November 10th.
Verano Company Profile
Verano Holdings Corp. operates as a vertically integrated multi-state cannabis operator in the United States. The company engages in the cultivation, processing, wholesale, and retail distribution of cannabis in Arizona, Arkansas, Connecticut, Florida, Illinois, Maryland, Massachusetts, Michigan, Nevada, New Jersey, Ohio, Pennsylvania, and West Virginia.
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