Shares of Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Free Report) fell 6.7% on Wednesday . The stock traded as low as C$0.14 and last traded at C$0.14. 49,000 shares were traded during mid-day trading, a decline of 11% from the average session volume of 55,071 shares. The stock had previously closed at C$0.15.
Charlotte’s Web Stock Performance
The business’s 50-day moving average price is C$0.18 and its 200-day moving average price is C$0.20. The firm has a market capitalization of C$23.63 million, a PE ratio of -0.38 and a beta of 1.91. The company has a debt-to-equity ratio of 168.27, a current ratio of 3.08 and a quick ratio of 1.41.
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.
Featured Articles
- Five stocks we like better than Charlotte’s Web
- Market Cap Calculator: How to Calculate Market Cap
- Opal Fuels CEO on Steering the Future of Renewable Natural Gas
- How to Use the MarketBeat Excel Dividend Calculator
- MicroStrategy Joins Nasdaq-100: 2 Crypto Stocks Set to Win
- What to Know About Investing in Penny Stocks
- 2 Underrated Quantum Computing Companies Starting to Rally
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.