Charlotte’s Web (TSE:CWEB) Trading Down 18.5%

Charlotte’s Web Holdings, Inc. (TSE:CWEBGet Free Report) shares fell 18.5% during mid-day trading on Tuesday . The company traded as low as C$0.22 and last traded at C$0.22. 155,011 shares were traded during trading, an increase of 126% from the average session volume of 68,700 shares. The stock had previously closed at C$0.27.

Charlotte’s Web Trading Up 15.0 %

The stock has a fifty day moving average of C$0.24 and a 200-day moving average of C$0.25. The company has a debt-to-equity ratio of 128.86, a quick ratio of 1.41 and a current ratio of 3.48. The company has a market cap of C$36.16 million, a PE ratio of -0.85 and a beta of 2.17.

Charlotte’s Web Company Profile

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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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