Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Free Report) shares shot up 2.8% during trading on Thursday . The stock traded as high as C$0.19 and last traded at C$0.19. 38,937 shares changed hands during trading, a decline of 20% from the average session volume of 48,621 shares. The stock had previously closed at C$0.18.
Charlotte’s Web Stock Performance
The firm’s 50 day moving average is C$0.17 and its 200-day moving average is C$0.19. The company has a debt-to-equity ratio of 168.27, a quick ratio of 1.41 and a current ratio of 3.08. The firm has a market cap of C$29.14 million, a price-to-earnings ratio of -0.46 and a beta of 1.91.
About Charlotte’s Web
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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