Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Free Report) shares were up 12.5% during mid-day trading on Monday . The stock traded as high as C$0.23 and last traded at C$0.23. Approximately 277,825 shares were traded during mid-day trading, an increase of 375% from the average daily volume of 58,431 shares. The stock had previously closed at C$0.20.
Charlotte’s Web Price Performance
The firm has a market capitalization of C$32.29 million, a P/E ratio of -0.50 and a beta of 1.91. The stock’s fifty day simple moving average is C$0.19 and its 200 day simple moving average is C$0.22. 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.
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