Abacus Health Products Inc (OTCMKTS:ABAHF – Get Free Report) shares fell 5.1% on Monday. The company traded as low as $4.60 and last traded at $4.84. 9,300 shares changed hands during trading, a decline of 9% from the average session volume of 10,164 shares. The stock had previously closed at $5.10.
Abacus Health Products Price Performance
The stock has a fifty day moving average price of $4.84 and a two-hundred day moving average price of $4.84.
About Abacus Health Products
Abacus Health Products was a health and wellness company focused on cannabidiol (CBD)-based topical products. Its principal brand, CBDMEDIC, was developed for consumers seeking topical relief for issues such as muscle and joint discomfort, arthritis-related symptoms, and minor skin conditions.
The company’s product range included creams, ointments, roll-ons, and other topical formulations combining hemp-derived CBD with conventional active ingredients. These products were marketed through retail, pharmacy, and e-commerce channels, primarily in the United States.
Abacus Health Products was acquired by Charlotte’s Web Holdings in 2020.
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