Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Free Report)’s share price traded down 36.1% on Wednesday . The stock traded as low as C$0.11 and last traded at C$0.12. 1,386,856 shares changed hands during mid-day trading, an increase of 2,283% from the average session volume of 58,209 shares. The stock had previously closed at C$0.18.
Charlotte’s Web Stock Down 36.1%
The company has a current ratio of 3.03, a quick ratio of 1.41 and a debt-to-equity ratio of 203.10. The firm has a market capitalization of C$18.30 million, a P/E ratio of -0.82 and a beta of 1.95. The company has a 50 day simple moving average of C$0.20 and a two-hundred day simple moving average of C$0.15.
Charlotte’s Web Company Profile
Charlottes Web Holdings Inc is engaged in the production and distribution of hemp-based cannabidiol (CBD) wellness products. Its product categories include ingestible products (tinctures, capsules, and gummies), topicals, and pet products. The company distributes its products through an e-commerce website, third-party e-commerce websites, select distributors, health practitioners, and a variety of brick and mortar specialty retailers.
Read More
- Five stocks we like better than Charlotte’s Web
- Basic Materials Stocks Investing
- C3.ai’s Reset: Why New Leadership Could Spark a Turnaround
- Trading Stocks: RSI and Why it’s Useful
- CleanSpark Secures $1.15B, Stock Drops—Here’s Why It’s an Opportunity
- What is a penny stock? A comprehensive guide
- Why Bulls Should Want a Bigger Drop in Palantir Stock
Receive News & Ratings for Charlotte's Web Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charlotte's Web and related companies with MarketBeat.com's FREE daily email newsletter.
