Charlotte’s Web (TSE:CWEB) Trading 22.2% Higher

Charlotte’s Web Holdings, Inc. (TSE:CWEBGet Free Report)’s stock price traded up 22.2% during mid-day trading on Tuesday . The company traded as high as C$0.33 and last traded at C$0.33. 150,966 shares traded hands during trading, an increase of 106% from the average session volume of 73,306 shares. The stock had previously closed at C$0.27.

Charlotte’s Web Stock Performance

The stock’s 50-day simple moving average is C$0.25 and its 200-day simple moving average is C$0.27. The stock has a market cap of C$51.80 million, a price-to-earnings ratio of -1.50 and a beta of 2.23. The company has a current ratio of 3.31, a quick ratio of 1.41 and a debt-to-equity ratio of 108.78.

Charlotte’s Web Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Charlotte's Web Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Charlotte's Web and related companies with MarketBeat.com's FREE daily email newsletter.