Cannabis Wheaton Income (OTCMKTS:CBWTF) Stock Price Up 19.1% - Here's What Happened

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF - Get Free Report) shares were up 19.1% during trading on Tuesday . The company traded as high as $0.12 and last traded at $0.12. Approximately 6,476,766 shares traded hands during mid-day trading, an increase of 647% from the average daily volume of 867,202 shares. The stock had previously closed at $0.10.

Cannabis Wheaton Income Price Performance

The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.34 and a current ratio of 0.68. The stock has a market capitalization of $132.74 million, a P/E ratio of 10.08 and a beta of 1.04. The stock has a 50-day simple moving average of $0.07 and a 200 day simple moving average of $0.05.

Cannabis Wheaton Income (OTCMKTS:CBWTF - Get Free Report) last issued its quarterly earnings results on Thursday, May 15th. The company reported $0.01 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.