OTCQX
ACRHF

Acreage Holdings Inc

Drug Manufacturers-Specialty & Generic
Healthcare

Prices are adjusted according to historical splits.

Acreage Holdings Inc Stock Price

Vitals

Today's Low:
$0.38
Today's High:
$0.55
Open Price:
$0.51
52W Low:
$0.41
52W High:
$2.075
Prev. Close:
$0.49
Volume:
218677

Company Statistics

Market Cap.:
$66.06 million
Book Value:
1.405
Revenue TTM:
$237.75 million
Operating Margin TTM:
-2.05%
Gross Profit TTM:
$95.88 million
Profit Margin:
-35.83%
Return on Assets TTM:
-0.62%
Return on Equity TTM:
-47.54%

Company Profile

Acreage Holdings Inc had its IPO on under the ticker symbol ACRHF.

The company operates in the Healthcare sector and Drug Manufacturers-Specialty & Generic industry. Acreage Holdings Inc has a staff strength of 1,090 employees.

Stock update

Shares of Acreage Holdings Inc opened at $0.51 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.38 - $0.55, and closed at $0.41.

This is a -15.35% slip from the previous day's closing price.

A total volume of 218,677 shares were traded at the close of the day’s session.

In the last one week, shares of Acreage Holdings Inc have increased by +124.22%.

Acreage Holdings Inc's Key Ratios

Acreage Holdings Inc has a market cap of $66.06 million, indicating a price to book ratio of 0.5659 and a price to sales ratio of 0.4254.

In the last 12-months Acreage Holdings Inc’s revenue was $237.75 million with a gross profit of $95.88 million and an EBITDA of $8.86 million. The EBITDA ratio measures Acreage Holdings Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Acreage Holdings Inc’s operating margin was -2.05% while its return on assets stood at -0.62% with a return of equity of -47.54%.

In Q3, Acreage Holdings Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 27.6%.

Acreage Holdings Inc’s PE and PEG Ratio

Forward PE
10.4493
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-0.76 per share while it has a forward price to earnings multiple of 10.4493 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Acreage Holdings Inc’s profitability.

Acreage Holdings Inc stock is trading at a EV to sales ratio of 1.2173 and a EV to EBITDA ratio of -9.3969. Its price to sales ratio in the trailing 12-months stood at 0.4254.

Acreage Holdings Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$482.90 million
Total Liabilities
$76.51 million
Operating Cash Flow
$4.16 million
Capital Expenditure
$706000
Dividend Payout Ratio
0%

Acreage Holdings Inc ended 2024 with $482.90 million in total assets and $0 in total liabilities. Its intangible assets were valued at $482.90 million while shareholder equity stood at $157.58 million.

Acreage Holdings Inc ended 2024 with $0 in deferred long-term liabilities, $76.51 million in other current liabilities, 157578000.00 in common stock, $-583052000.00 in retained earnings and $30.49 million in goodwill. Its cash balance stood at $26.48 million and cash and short-term investments were $26.48 million. The company’s total short-term debt was $7,218,000 while long-term debt stood at $194.87 million.

Acreage Holdings Inc’s total current assets stands at $93.27 million while long-term investments were $34.33 million and short-term investments were $0. Its net receivables were $11.97 million compared to accounts payable of $56.49 million and inventory worth $50.89 million.

In 2024, Acreage Holdings Inc's operating cash flow was $4.16 million while its capital expenditure stood at $706000.

Comparatively, Acreage Holdings Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$0.41
52-Week High
$2.075
52-Week Low
$0.41
Analyst Target Price
$

Acreage Holdings Inc stock is currently trading at $0.41 per share. It touched a 52-week high of $2.075 and a 52-week low of $2.075. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.18 and 200-day moving average was $0.44 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 510.1% of the company’s stock are held by insiders while 3.4% are held by institutions.

Frequently Asked Questions About Acreage Holdings Inc

The stock symbol (also called stock or share ticker) of Acreage Holdings Inc is ACRHF

The IPO of Acreage Holdings Inc took place on

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About

Acreage Holdings, Inc., formerly High Street Capital Partners, is a principal investment firm specializing in cannabis industry. Acreage Holdings, Inc. was founded in 2014 and is based in New York, New York.

Address

366 Madison Avenue, New York, NY, United States, 10017