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

Charlotte's Web Holdings Inc opened trading today at $0.23 and closed at $0.23. Intraday prices ranged from $0.22 to $0.23.

The price advanced 2.17% from the previous day's close of $0.23.

During the day across North America, the TSX Composite closed 1.25% at 23110.81, the S&P 500 closed -0.50% at 5436.44, the Dow Jones Industrial Average closed 0.50% at 40743.33 and the Nasdaq Composite closed -1.28% at 17147.42.

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

Trading volume was 40,706 on 19 total trades, while having an average volume of 23,953 over 5 days.

The TSX market on the whole today saw 3,418 price advancers against 1,773 declines and 138 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, the shares have shrunken -41.25% in the last 12 months, while they have dipped -12.96% since the start of 2024.

Following today's trading, Charlotte's Web Holdings Inc has a market capitalization of $36.16 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.

Based on 2.00 analysts, Charlotte's Web Holdings Inc gets an average recommendation of "Moderate Buy" 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..