Charlotte’s Web Holdings, Inc. (TSE:CWEB – Get Free Report) shares traded up 2.4% during mid-day trading on Thursday . The stock traded as high as C$0.42 and last traded at C$0.42. 143,945 shares traded hands during mid-day trading, a decline of 3% from the average session volume of 149,117 shares. The stock had previously closed at C$0.41.
Charlotte’s Web Stock Performance
The stock has a 50-day moving average price of C$0.39 and a 200 day moving average price of C$0.64. The company has a quick ratio of 1.41, a current ratio of 4.19 and a debt-to-equity ratio of 23.29. The firm has a market capitalization of C$119.37 million, a price-to-earnings ratio of -2.10 and a beta of 0.81.
Charlotte’s Web (TSE:CWEB – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported C($0.03) earnings per share (EPS) for the quarter. Charlotte’s Web had a negative return on equity of 283.89% and a negative net margin of 73.65%.The firm had revenue of C$15.42 million during the quarter. On average, analysts forecast that Charlotte’s Web Holdings, Inc. will post 0.0028902 EPS for the current year.
Charlotte’s Web Company Profile
Charlotte’s Web Holdings, Inc, a Certified B Corporation headquartered in Louisville, Colorado, is a botanical wellness innovation company and a market leader in hemp extract wellness that includes Charlotte’s Web whole-plant full-spectrum CBD extracts as well as broad-spectrum CBD and cannabinoid isolates. The Company’s hemp extracts have naturally occurring botanical compounds including cannabidiol (‘CBD’), CBN, CBC, CBG, THC, terpenes, flavonoids, and other beneficial compounds. Charlotte’s Web product categories include CBD oil tinctures (liquid products), CBD gummies (sleep, calming, exercise recovery, immunity), CBN gummies, hemp-derived THC microdose gummies, functional mushroom gummies, CBD capsules, CBD topical creams, and lotions, as well as CBD pet products for dogs.
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