Cannabis Wheaton Income (OTCMKTS:CBWTF) Shares Down 2.4% - Here's What Happened

Key Points

• Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) saw its stock price decrease by 2.4% during mid-day trading, dropping to $0.10 per share.
• The company's market capitalization stands at $135.53 million with a PE ratio of 10.16 and a low debt-to-equity ratio of 0.02.
• In its most recent earnings report, Cannabis Wheaton Income announced an EPS of $0.01 and reported a return on equity of 18.53%.

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF - Get Free Report) fell 2.4% on Wednesday . The stock traded as low as $0.10 and last traded at $0.10. 577,960 shares traded hands during trading, a decline of 64% from the average session volume of 1,614,298 shares. The stock had previously closed at $0.10.

Cannabis Wheaton Income Price Performance

The company has a market capitalization of $133.53 million, a price-to-earnings ratio of 10.01 and a beta of 1.04. The company has a quick ratio of 0.34, a current ratio of 0.68 and a debt-to-equity ratio of 0.02. The company has a 50 day simple moving average of $0.08 and a 200 day simple moving average of $0.06.

Cannabis Wheaton Income (OTCMKTS:CBWTF - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported $0.01 earnings per share (EPS) for the quarter. Cannabis Wheaton Income had a return on equity of 18.53% and a net margin of 16.56%.

About Cannabis Wheaton Income

Auxly Cannabis Group Inc operates as a consumer packaged goods company in the cannabis products market in Canada. It focuses on developing, manufacturing, and distributing cannabis products for wellness and recreational consumers. The company offers cannabis products under various forms, including vape catridges, infused pre-rolls, pre-rolled, vape pens, milled and dried flower, concentrates, chocolates, soft chews, oil drops, capsules, and topicals under the KOLAB PROJECT, Dosecann, BACK FORTY, Foray, and Parcel brand names.