Closing Bell: Charlotte's Web Holdings Inc down on Friday (CWEB)

Charlotte's Web Holdings Inc opened trading today at $0.23 and closed at $0.23. Intraday prices ranged from $0.23 to $0.24.

Share prices decreased -4.17 percent from the previous day's close of $0.24.

Today across North America, the TSX Composite closed 0.91% at 22814.81, the S&P 500 closed -0.51% at 5399.22, the Dow Jones Industrial Average closed 0.20% at 39935.07 and the Nasdaq Composite closed -0.93% at 17181.72.

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

A total of 16,528 shares was traded during the last trading day, with total trades of 29, while having an average volume of 10,835 in the last five days.

The TSX market on the whole today saw 3,857 price advancers against 1,325 declines and 128 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 52 weeks, Charlotte's Web Holdings Inc's shares have shrunken -38.67%, while in 2024, they have dipped -14.81%.

Following today's trading, Charlotte's Web Holdings Inc has a market capitalization of $37.73 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.

Charlotte's Web Holdings Inc is holding an average recommendation of "Moderate Buy" from 2.00 analysts according to Zacks. Currently, there are 1 buy ratings and 1 hold ratings for the stock.

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..