Glass House Brands (OTCMKTS:GLASF) Shares Up 8.1% – Still a Buy?

Glass House Brands Inc. (OTCMKTS:GLASFGet Free Report) traded up 8.1% on Thursday . The stock traded as high as C$12.01 and last traded at C$11.90. 68,989 shares changed hands during trading, a decline of 68% from the average session volume of 216,414 shares. The stock had previously closed at C$11.01.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Glass House Brands to a “hold” rating in a research note on Monday, June 15th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

View Our Latest Research Report on GLASF

Glass House Brands Price Performance

The stock’s fifty day moving average price is C$10.71 and its two-hundred day moving average price is C$9.20.

About Glass House Brands

(Get Free Report)

Glass House Brands (OTCMKTS:GLASF) is a vertically integrated cannabis cultivation, manufacturing and retail company focused on the California market. Based in Salinas with corporate offices in Los Angeles, the firm cultivates proprietary cannabis genetics in greenhouse facilities and distributes a range of consumer packaged products under its flagship Glass House Farms brand.

Operating advanced glasshouse cultivation sites that leverage sustainable growing practices, Glass House Brands produces high-quality flower, pre-rolls and extract products.

Read More

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.