Charlie's (OTCMKTS:CHUCD) Shares Up 12.8% - Still a Buy?

Key Points

• Charlie's Holdings, Inc. (OTCMKTS:CHUCD) saw its shares rise 12.8% to $0.37 on Monday, with trading volume increasing by 50% compared to its average session volume.
• The company specializes in formulating and distributing e-cigarette liquids and offers energy drinks under the Bazi brand in approximately 80 countries.
• Charlie's maintains a 50-day moving average of $0.19 and a 200-day moving average of $0.12, indicating potential growth in its stock performance.

Charlie's Holdings, Inc. (OTCMKTS:CHUCD - ) shares shot up 12.8% on Monday . The company traded as high as $0.37 and last traded at $0.37. 375,753 shares traded hands during mid-day trading, an increase of 50% from the average session volume of 250,570 shares. The stock had previously closed at $0.33.

Charlie's Stock Performance

The company has a 50 day moving average price of $0.19 and a 200 day moving average price of $0.12.

About Charlie's

Charlie's Holdings, Inc, together with its subsidiaries, formulates, markets, and distributes e-cigarette liquids and vaping systems in the United States and internationally. The company also offers energy drink under the Bazi brand name. It sells its products through distributors, specialty retailers, and third-party online resellers to approximately 80 countries, primarily, including the United Kingdom, Italy, Spain, Belgium, Australia, Sweden, and Canada.

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