Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Free Report)’s share price rose 22.2% during trading on Monday . The stock traded as high as C$0.21 and last traded at C$0.17. Approximately 414,281 shares were traded during trading, an increase of 1,048% from the average daily volume of 36,086 shares. The stock had previously closed at C$0.14.
Charlotte’s Web Trading Up 77.8%
The firm has a 50-day moving average of C$0.14 and a 200 day moving average of C$0.13. 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 company has a market cap of C$38.19 million, a P/E ratio of -1.71 and a beta of 2.20.
Charlotte’s Web Company Profile
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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