Charlotte's Web (TSE:CWEB) Shares Down 9.9% - What's Next?

Key Points

• Charlotte's Web shares fell 9.9% to C$0.82 during mid-day trading (previous close C$0.91) on about 160,072 shares traded, roughly 18% below average volume.
• Key metrics: 50‑day moving average C$0.93, 200‑day moving average C$0.51, market cap C$132.54 million, P/E -4.37 and beta 1.64.
• The company produces and distributes hemp‑based CBD wellness products—ingestibles, topicals and pet products—via e‑commerce, third‑party sellers, distributors, health practitioners and specialty retailers.

Charlotte's Web Holdings, Inc. (TSE:CWEB - ) shares dropped 9.9% during mid-day trading on Wednesday . The company traded as low as C$0.82 and last traded at C$0.82. Approximately 160,072 shares changed hands during mid-day trading, a decline of 18% from the average daily volume of 196,347 shares. The stock had previously closed at C$0.91.

Charlotte's Web Trading Down 8.8%

The stock's fifty day moving average price is C$0.93 and its 200 day moving average price is C$0.51. The stock has a market cap of C$132.54 million, a P/E ratio of -4.37 and a beta of 1.64. The company has a current ratio of 3.51, a quick ratio of 1.41 and a debt-to-equity ratio of -3,161.11.

About Charlotte's Web

Charlottes Web Holdings Inc is engaged in the production and distribution of hemp-based cannabidiol (CBD) wellness products. Its product categories include ingestible products (tinctures, capsules, and gummies), topicals, and pet products. The company distributes its products through an e-commerce website, third-party e-commerce websites, select distributors, health practitioners, and a variety of brick and mortar specialty retailers.

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