Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Free Report)’s stock price was down 18.5% on Tuesday . The company traded as low as C$0.22 and last traded at C$0.22. Approximately 155,011 shares changed hands during mid-day trading, an increase of 126% from the average daily volume of 68,700 shares. The stock had previously closed at C$0.27.
Charlotte’s Web Stock Down 20.4 %
The firm has a market cap of C$33.80 million, a price-to-earnings ratio of -1.00 and a beta of 2.17. The company has a current ratio of 3.48, a quick ratio of 1.41 and a debt-to-equity ratio of 128.86. The firm has a 50 day moving average price of C$0.24 and a 200-day moving average price of C$0.25.
About Charlotte’s Web
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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