Verano (OTCMKTS:VRNOF – Get Free Report) is projected to announce its earnings results on Wednesday, February 26th. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $219.25 million for the quarter.
Verano Price Performance
OTCMKTS VRNOF opened at $0.92 on Wednesday. The stock has a market capitalization of $330.23 million, a P/E ratio of -2.24 and a beta of 0.90. Verano has a 1 year low of $0.91 and a 1 year high of $6.50. The business’s fifty day moving average is $1.22 and its two-hundred day moving average is $2.33. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.52 and a current ratio of 0.99.
Analysts Set New Price Targets
Separately, Roth Capital raised Verano to a “strong-buy” rating in a report on Sunday, November 10th.
About Verano
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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