Charlotte’s Web (TSE:CWEB) Trading Up 6.8%

Charlotte’s Web Holdings, Inc. (TSE:CWEBGet Rating) traded up 6.8% during trading on Monday . The company traded as high as C$0.79 and last traded at C$0.78. 52,874 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 67,910 shares. The stock had previously closed at C$0.73.

Charlotte’s Web Stock Up 6.8 %

The stock has a market cap of C$118.27 million and a P/E ratio of -0.64. The business has a 50-day simple moving average of C$0.80 and a 200-day simple moving average of C$0.79. The company has a quick ratio of 1.41, a current ratio of 5.64 and a debt-to-equity ratio of 19.13.

About Charlotte’s Web

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Charlotte's Web Holdings, Inc engages in farming, manufacturing, marketing, and selling hemp-derived cannabidiol (CBD) wellness products. The company's products categories include hemp extract oil tinctures, such as liquid products; gummies comprising sleep, stress, immunity, and exercise recovery products; and capsules, CBD topical creams, and lotions, as well as products for pets under the Charlotte's Web, CBD Medic, CBD Clinic, and Harmony Hemp brands.

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