Cannabis Wheaton Income (OTCMKTS:CBWTF) Stock Price Down 0.4% – Time to Sell?

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF)’s share price fell 0.4% during trading on Tuesday . The company traded as low as $2.44 and last traded at $2.4580. Approximately 47,023 shares were traded during trading, an increase of 82% from the average session volume of 25,857 shares. The stock had previously closed at $2.4690.

Cannabis Wheaton Income Stock Up 4.3%

The firm has a market cap of $258.07 million, a PE ratio of 13.14 and a beta of 1.42. The company has a quick ratio of 1.35, a current ratio of 2.23 and a debt-to-equity ratio of 0.21. The business has a 50-day moving average price of $0.91 and a two-hundred day moving average price of $0.39.

Cannabis Wheaton Income (OTCMKTS:CBWTF) last announced its quarterly earnings results on Thursday, August 13th. The company reported $0.05 earnings per share (EPS) for the quarter. Cannabis Wheaton Income had a return on equity of 18.36% and a net margin of 19.74%.

About Cannabis Wheaton Income

Cannabis Wheaton Income Corp. was a Canadian cannabis company that provided financing, operational support and other resources to licensed cannabis producers. Its business model was based in part on cannabis supply agreements, under which the company helped fund cultivation projects in exchange for rights to receive a portion of future production.

The company’s activities included supporting cannabis cultivation, processing and product development, with a focus on building a diversified supply network serving Canada’s medical and adult-use cannabis markets.