Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Free Report)’s stock price traded up 16.7% during trading on Tuesday . The company traded as high as C$0.92 and last traded at C$0.91. 87,388 shares were traded during mid-day trading, a decline of 54% from the average session volume of 188,870 shares. The stock had previously closed at C$0.78.
Charlotte’s Web Trading Up 12.8%
The company’s 50-day moving average price is C$0.78 and its 200-day moving average price is C$0.42. The firm has a market capitalization of C$140.29 million, a PE ratio of -6.29 and a beta of 1.89. The company has a debt-to-equity ratio of 678.86, a quick ratio of 1.41 and a current ratio of 3.89.
About Charlotte’s Web
Charlottes Web Holdings Inc is engaged in the production and distribution of hemp-based cannabidiol (CBD) wellness products. Its product categories include ingestible products (tinctures, capsules, and gummies), topicals, and pet products. The company distributes its products through an e-commerce website, third-party e-commerce websites, select distributors, health practitioners, and a variety of brick and mortar specialty retailers.
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