Charlie’s (OTCMKTS:CHUC) Stock Price Down 2.7% – What’s Next?

Shares of Charlie’s Holdings, Inc. (OTCMKTS:CHUCGet Free Report) fell 2.7% during mid-day trading on Tuesday . The stock traded as low as $0.22 and last traded at $0.22. Approximately 39,946 shares changed hands during mid-day trading, a decline of 34% from the average session volume of 60,736 shares. The stock had previously closed at $0.2260.

Charlie’s Stock Down 0.9%

The firm’s 50-day simple moving average is $0.24 and its 200 day simple moving average is $0.26. The company has a debt-to-equity ratio of 0.69, a quick ratio of 0.43 and a current ratio of 1.52. The stock has a market capitalization of $61.72 million, a P/E ratio of 11.00 and a beta of 1.29.

About Charlie’s

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Charlie's Holdings, Inc, together with its subsidiaries, formulates, markets, and distributes non-combustible nicotine-related, alternative alkaloid vapor, and hemp-derived vapor and edible products. It sells its products through distributors, specialty retailers, and third-party online resellers in the United States, the United Kingdom, Italy, Spain, New Zealand, Australia, and Canada. Charlie's Holdings, Inc was founded in 2014 and is headquartered in Costa Mesa, California.

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