Charlie’s (OTCMKTS:CHUC) Trading Up 14.8% – Should You Buy?

Shares of Charlie’s Holdings, Inc. (OTCMKTS:CHUCGet Free Report) were up 14.8% during mid-day trading on Wednesday . The stock traded as high as $0.2397 and last traded at $0.21. Approximately 501,847 shares changed hands during mid-day trading, an increase of 317% from the average daily volume of 120,213 shares. The stock had previously closed at $0.1830.

Charlie’s Stock Performance

The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.83 and a current ratio of 1.46. The stock’s 50-day moving average is $0.22 and its 200 day moving average is $0.20. The firm has a market cap of $56.84 million, a P/E ratio of 21.02 and a beta of 1.09.

Charlie’s Company Profile

(Get Free Report)

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.

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