Charlotte’s Web (OTCMKTS:CWBHF) Stock Price Up 30.9% – Should You Buy?

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHFGet Free Report) was up 30.9% during trading on Thursday . The company traded as high as $0.2569 and last traded at $0.2069. Approximately 5,451,982 shares changed hands during trading, an increase of 1,677% from the average daily volume of 306,766 shares. The stock had previously closed at $0.1581.

Charlotte’s Web Stock Performance

The stock has a 50-day simple moving average of $0.13 and a 200 day simple moving average of $0.11.

About Charlotte’s Web

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Charlotte's Web Holdings, Inc is involved in the farming, manufacture, marketing, and sale of hemp-derived cannabidiol (CBD) wellness products. The company's products categories include hemp extract oil tinctures, such as liquid products; gummies; and capsules, CBD topical creams, and lotions, as well as products for pets under the Charlotte's Web, ReCreate, CBD Medic, CBD Clinic, and Harmony Hemp brands.

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