Charlotte’s Web (TSE:CWEB) Stock Price Down 3.8% – Time to Sell?

Charlotte’s Web Holdings, Inc. (TSE:CWEBGet Free Report)’s share price dropped 3.8% during trading on Friday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 5,500 shares were traded during trading, a decline of 86% from the average daily volume of 38,045 shares. The stock had previously closed at C$0.13.

Charlotte’s Web Price Performance

The stock has a fifty day moving average of C$0.12 and a two-hundred day moving average of C$0.14. The stock has a market capitalization of C$13.87 million, a price-to-earnings ratio of -0.38 and a beta of 1.91. The company has a current ratio of 3.03, a quick ratio of 1.41 and a debt-to-equity ratio of 203.10.

Charlotte’s Web Company Profile

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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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