Charlie’s (OTCMKTS:CHUC) Stock Price Down 4.2% – What’s Next?

Charlie’s Holdings, Inc. (OTCMKTS:CHUC)’s share price was down 4.2% during mid-day trading on Friday . The stock traded as low as $0.2705 and last traded at $0.2780. Approximately 43,501 shares were traded during mid-day trading, a decline of 46% from the average daily volume of 80,625 shares. The stock had previously closed at $0.2901.

Charlie’s Price Performance

The firm has a market cap of $75.24 million, a PE ratio of 27.83 and a beta of 1.39. The firm’s fifty day simple moving average is $0.28 and its two-hundred day simple moving average is $0.26. The company has a quick ratio of 0.83, a current ratio of 1.46 and a debt-to-equity ratio of 0.05.

Charlie’s Company Profile

Charlie's Holdings, Inc, together with its subsidiaries, formulates, markets, and distributes non-combustible nicotine-related, alternative alkaloid vapor, and hemp-derived vapor and edible products. It sells its products through distributors, specialty retailers, and third-party online resellers in the United States, the United Kingdom, Italy, Spain, New Zealand, Australia, and Canada. Charlie's Holdings, Inc was founded in 2014 and is headquartered in Costa Mesa, California.