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

Automated Summaries - The Globe and Mail - Thu Aug 1, 4:01PM CDT

Today during trading, Charlotte's Web Holdings Inc stock opened at $0.23 and closed at $0.23. Intraday prices ranged from a low of $0.22 to a high of $0.23.

The price eased -4.26 percent from the previous day's close of $0.23.

During the day across North America, the TSX Composite closed -1.68% at 22723.21, the S&P 500 closed 1.58% at 5522.30, the Dow Jones Industrial Average closed 0.24% at 40842.79 and the Nasdaq Composite closed 2.64% at 17599.40.

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

Trading volume was 30,400 on 32 total trades. On average, Charlotte's Web Holdings Inc has traded 28,133 shares over 5 days and 65,043 year-to-date.

The TSX overall saw 907 price advancers against 4,327 declines and 72 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 -45.12%, while this year, they have reduced -16.67%.

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.

Charlotte's Web Holdings Inc's average recommendation is "Moderate Buy" based on 2.00 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..