Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get 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
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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