Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Free Report) shares traded up 7.7% on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.14. 29,490 shares changed hands during mid-day trading, a decline of 21% from the average session volume of 37,267 shares. The stock had previously closed at C$0.13.
Charlotte’s Web Stock Performance
The company has a debt-to-equity ratio of 203.10, a current ratio of 3.03 and a quick ratio of 1.41. The stock’s 50 day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.17. The company has a market capitalization of C$16.08 million, a P/E ratio of -0.44 and a beta of 1.91.
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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