Cannabis Wheaton Income (OTCMKTS:CBWTF) Stock Price Down 2.4% – Time to Sell?

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) shares traded down 2.4% during mid-day trading on Wednesday . The company traded as low as $0.10 and last traded at $0.10. 577,960 shares were traded during mid-day trading, a decline of 64% from the average session volume of 1,614,298 shares. The stock had previously closed at $0.10.

Cannabis Wheaton Income Stock Performance

The stock has a 50-day simple moving average of $0.08 and a 200-day simple moving average of $0.06. The company has a market capitalization of $135.53 million, a price-to-earnings ratio of 10.16 and a beta of 1.04. The company has a current ratio of 0.68, a quick ratio of 0.34 and a debt-to-equity ratio of 0.02.

Cannabis Wheaton Income (OTCMKTS:CBWTF) last announced its earnings results on Thursday, May 15th. The company reported $0.01 earnings per share (EPS) for the quarter. Cannabis Wheaton Income had a return on equity of 18.53% and a net margin of 16.56%.

Cannabis Wheaton Income Company Profile

Auxly Cannabis Group Inc operates as a consumer packaged goods company in the cannabis products market in Canada. It focuses on developing, manufacturing, and distributing cannabis products for wellness and recreational consumers. The company offers cannabis products under various forms, including vape catridges, infused pre-rolls, pre-rolled, vape pens, milled and dried flower, concentrates, chocolates, soft chews, oil drops, capsules, and topicals under the KOLAB PROJECT, Dosecann, BACK FORTY, Foray, and Parcel brand names.