OTCQX:ACRGF - Post by User
Post by
Easymoney123on Apr 18, 2020 11:28pm
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Post# 30926423
Acreage vs Curaleaf???
Acreage vs Curaleaf??? I have been watching Acreage for a while but I am not invested but I am interested in the company and was wondering why there is such a discrepancy between Acreage and Curaleaf in market cap?
- Acreage had revenue of 74.1 million for 2019 and at the moment they have a share price of $1.60 and and a market cap of 143.3 million U.S. and they only have 68.55 million shares outstanding and a public float of 63.5 million shares. Acreage has a price to sales ratio of 1.876 which is very low compared to Curaleaf.
- Cualeaf had revenue of $221 million for 2019 and at the moment they have a share price of $3.90 U.S. and a market cap of 1.831 billion U.S. they also have 422.23 shares outstanding with a float of 334.09 million shares. Curaleaf has price to sales ratio of 8.5.
Does anyone know why Curaleaf is trading at a much higher price to sales multiple compared to Acreage? I mean Acreage has way less shares outstanding but has been absolutely crushed this year?? Would love to hear some people's opinions.