Charlie’s (OTCMKTS:CHUC) Shares Down 1.7% – Here’s Why

Charlie’s Holdings, Inc. (OTCMKTS:CHUCGet Free Report)’s stock price fell 1.7% during mid-day trading on Thursday . The company traded as low as $0.1650 and last traded at $0.2850. 375,219 shares changed hands during trading, an increase of 415% from the average session volume of 72,860 shares. The stock had previously closed at $0.29.

Charlie’s Trading Down 2.3%

The stock has a market cap of $75.38 million, a price-to-earnings ratio of 27.88 and a beta of 1.05. The business has a 50-day simple moving average of $0.25 and a two-hundred day simple moving average of $0.24. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.83 and a current ratio of 1.46.

Charlie’s Company Profile

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Charlie's Holdings, Inc, together with its subsidiaries, formulates, markets, and distributes non-combustible nicotine-related, alternative alkaloid vapor, and hemp-derived vapor and edible products. It sells its products through distributors, specialty retailers, and third-party online resellers in the United States, the United Kingdom, Italy, Spain, New Zealand, Australia, and Canada. Charlie's Holdings, Inc was founded in 2014 and is headquartered in Costa Mesa, California.

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