Charlie’s (OTCMKTS:CHUC) Stock Price Down 6.1% – Here’s Why

Charlie’s Holdings, Inc. (OTCMKTS:CHUCGet Free Report)’s stock price was down 6.1% during trading on Thursday . The company traded as low as $0.2989 and last traded at $0.30. Approximately 30,741 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 159,435 shares. The stock had previously closed at $0.3194.

Charlie’s Stock Performance

The company has a market capitalization of $81.20 million, a P/E ratio of 30.03 and a beta of 1.05. The business has a 50 day moving average of $0.22 and a 200 day moving average of $0.21. The company has a quick ratio of 0.83, a current ratio of 1.46 and a debt-to-equity ratio of 0.05.

About Charlie’s

(Get Free Report)

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.

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