cbdMD (NYSEAMERICAN:YCBD) Stock Price Up 13.3% – Here’s What Happened

cbdMD, Inc. (NYSEAMERICAN:YCBD)’s stock price shot up 13.3% on Friday . The company traded as high as $0.59 and last traded at $0.56. 2,988,988 shares changed hands during trading, a decline of 24% from the average session volume of 3,931,248 shares. The stock had previously closed at $0.50.

cbdMD Trading Up 13.3 %

The company has a current ratio of 0.93, a quick ratio of 0.52 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $2.12 million, a PE ratio of -0.05 and a beta of 1.98.

About cbdMD

cbdMD, Inc produces and distributes various cannabidiol (CBD) products. The company owns and operates consumer hemp-based CBD brands, such as cbdMD, Paw CBD, hempMD, and cbdMD Botanicals. Its cbdMD brand products include CDB tinctures, gummies, topicals, capsules, drink mixes, and sleep, focus, and calming aids.