Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Free Report) rose 2.8% during trading on Thursday . The company traded as high as C$0.19 and last traded at C$0.19. Approximately 38,937 shares changed hands during mid-day trading, a decline of 20% from the average daily volume of 48,621 shares. The stock had previously closed at C$0.18.
Charlotte’s Web Stock Down 8.1 %
The company has a quick ratio of 1.41, a current ratio of 3.08 and a debt-to-equity ratio of 168.27. The firm’s fifty day simple moving average is C$0.17 and its 200-day simple moving average is C$0.19. The company has a market cap of C$26.78 million, a PE ratio of -0.43 and a beta of 1.91.
Charlotte’s Web Company Profile
Charlotte's Web Holdings, Inc is involved in the farming, manufacture, marketing, and sale of hemp-derived cannabidiol (CBD) wellness products. The company's products categories include hemp extract oil tinctures, such as liquid products; gummies; and capsules, CBD topical creams, and lotions, as well as products for pets under the Charlotte's Web, ReCreate, CBD Medic, CBD Clinic, and Harmony Hemp brands.
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