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

Automated Summaries - The Globe and Mail - Mon Aug 5, 4:01PM CDT

Today during trading, shares of Charlotte's Web Holdings Inc opened at $0.22 and closed at $0.21. prices ranged from $0.21 to $0.23.

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

Today across North America, the TSX Composite closed -2.18% at 22227.63, the S&P 500 closed -1.84% at 5346.56, the Dow Jones Industrial Average closed -1.51% at 39737.26 and the Nasdaq Composite closed -2.43% at 16776.16.

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

Trading volume was 206,232 on 64 total trades. On average, Charlotte's Web Holdings Inc has traded 66,074 shares over 5 days and 65,984 year-to-date.

The TSX market on the whole today saw 432 price advancers against 4,843 declines and 43 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 percent in 52 weeks, while they have plummeted -22.22% year-to-date.

Following today's trading, Charlotte's Web Holdings Inc has a market capitalization of $33.02 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 has an average recommendation of "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..