Closing Bell: Charlotte's Web Holdings Inc up on Thursday (CWEB)

Today in trading, Charlotte's Web Holdings Inc shares opened at $0.23 and closed at $0.24. It traded at a low of $0.23 to a high of $0.24.

Share prices advanced 2.13% from the previous day's close of $0.23.

During the day across North America, the TSX Composite closed -0.14% at 22608.03, the S&P 500 closed -2.31% at 5427.13, the Dow Jones Industrial Average closed -1.25% at 39853.87 and the Nasdaq Composite closed -3.64% at 17342.41.

Charlotte's Web Holdings Inc traded under CWEB on the Toronto Stock Exchange (TSX).

Trading volume was 9,501 on 16 total trades. On average, Charlotte's Web Holdings Inc has traded 15,829 shares over the last 5-days and 66,324 year-to-date.

The TSX market on the whole today saw 3,490 price advancers against 1,736 declines and 92 unchanged.

During the prior 52 weeks, CWEB.TO has traded as high as $0.63 (September 20,2023) and low as $0.18 (June 21,2024). Moreover, in the last 12 months, Charlotte's Web Holdings Inc's shares have shrunken -36.00 percent, while they have dipped -11.11% year-to-date.

Following today's trading, Charlotte's Web Holdings Inc has a market capitalization of $36.95 million on a float of 157,228 shares outstanding. Its annual EPS is $-0.20.

Charlotte's Web Holdings Inc is a None company headquartered in Louisville, USA.

Currently, Charlotte's Web Holdings Inc's consensus rating is "Moderate Buy" based on 2 analysts according to Zacks. From those 2 analysts, 1 have buy ratings and 1 analysts gave hold ratings.

AI at The Globe and Mail
This report is produced using automated technology that summarizes market data into articles for our readers. Ongoing project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities..