Charlie’s (OTCMKTS:CHUC) Stock Price Down 4% – Here’s What Happened
by Doug Wharley · The Cerbat GemCharlie’s Holdings, Inc. (OTCMKTS:CHUC – Get Free Report)’s share price was down 4% during mid-day trading on Wednesday . The company traded as low as $0.2495 and last traded at $0.2495. Approximately 57,159 shares changed hands during trading, an increase of 20% from the average daily volume of 47,812 shares. The stock had previously closed at $0.26.
Charlie’s Stock Down 0.9%
The firm has a market cap of $65.50 million, a price-to-earnings ratio of 24.22 and a beta of 1.35. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.53 and a current ratio of 1.41. The business’s 50-day moving average is $0.28 and its 200-day moving average is $0.26.
About Charlie’s
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.