Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Free Report)’s share price shot up 7.7% on Wednesday . The stock traded as high as C$0.15 and last traded at C$0.14. 29,490 shares were traded during mid-day trading, a decline of 21% from the average session volume of 37,267 shares. The stock had previously closed at C$0.13.
Charlotte’s Web Stock Up 7.7 %
The company has a current ratio of 3.03, a quick ratio of 1.41 and a debt-to-equity ratio of 203.10. The firm’s 50 day simple moving average is C$0.15 and its two-hundred day simple moving average is C$0.17. The firm has a market cap of C$15.53 million, a price-to-earnings ratio of -0.43 and a beta of 1.91.
Charlotte’s Web Company Profile
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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