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

In market activity today, shares of Charlotte's Web Holdings Inc opened at $0.22 and closed at $0.21. prices ranged from a low of $0.21 to a high of $0.23.

Shares dipped -6.67 percent from the previous day's close of $0.23.

During the day across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.37% at 5446.68, the Dow Jones Industrial Average closed -1.21% at 40347.97 and the Nasdaq Composite closed -2.30% at 17194.15.

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

A total of 206,232 shares was traded during the session, with total trades of 64, while having an average volume of 66,074 over 5 days.

The TSX market on the whole today saw 741 price advancers against 4,512 declines and 69 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 -48.78% in the last 52 weeks, while they have shrunken -22.22% since the start of 2024.

Following today's trading, Charlotte's Web Holdings Inc has a market capitalization of $35.38 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..