Charlie’s (OTCMKTS:CHUC) Trading Down 4.2% – What’s Next?

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) dropped 4.2% during trading on Friday . The stock traded as low as $0.2705 and last traded at $0.2780. Approximately 43,501 shares changed hands during trading, a decline of 46% from the average daily volume of 80,625 shares. The stock had previously closed at $0.2901.

Charlie’s Price Performance

The firm’s 50 day moving average price is $0.28 and its two-hundred day moving average price is $0.25. The company has a debt-to-equity ratio of 0.05, a current ratio of 1.46 and a quick ratio of 0.83. The stock has a market cap of $75.24 million, a PE ratio of 27.83 and a beta of 1.39.

Charlie’s Company Profile

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.