Charlie’s (OTCMKTS:CHUC) Announces Quarterly Earnings Results

Charlie’s (OTCMKTS:CHUC) posted its quarterly earnings results on Monday. The company reported ($0.01) earnings per share for the quarter, Zacks reports. Charlie’s had a return on equity of 151.74% and a net margin of 19.33%.

Charlie’s Stock Down 14.8%

OTCMKTS:CHUC traded down $0.04 during mid-day trading on Monday, reaching $0.22. The stock had a trading volume of 96,149 shares, compared to its average volume of 90,242. The business’s 50 day moving average is $0.21 and its 200 day moving average is $0.25. Charlie’s has a fifty-two week low of $0.15 and a fifty-two week high of $0.38. The stock has a market cap of $62.00 million, a P/E ratio of 11.05 and a beta of 1.33. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.52 and a quick ratio of 0.43.

About Charlie’s

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.