Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Rating)’s share price traded down 10.3% on Friday . The stock traded as low as C$0.29 and last traded at C$0.31. 578,411 shares changed hands during trading, an increase of 397% from the average session volume of 116,404 shares. The stock had previously closed at C$0.34.
Charlotte’s Web Trading Down 11.8 %
The company has a market capitalization of C$45.73 million, a PE ratio of -0.58 and a beta of 2.25. The company’s fifty day moving average is C$0.43 and its 200-day moving average is C$0.64. The company has a debt-to-equity ratio of 74.36, a current ratio of 4.84 and a quick ratio of 1.41.
About Charlotte’s Web
Charlotte's Web Holdings, Inc engages in farming, manufacturing, marketing, and selling hemp-derived cannabidiol (CBD) wellness products. The company's products categories include hemp extract oil tinctures, such as liquid products; gummies comprising sleep, stress, immunity, and exercise recovery products; and capsules, CBD topical creams, and lotions, as well as products for pets under the Charlotte's Web, CBD Medic, CBD Clinic, and Harmony Hemp brands.
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