Charlie’s (OTCMKTS:CHUC) Trading Down 1.7% – What’s Next?

Charlie’s Holdings, Inc. (OTCMKTS:CHUCGet Free Report)’s share price dropped 1.7% during trading on Thursday . The company traded as low as $0.1650 and last traded at $0.2850. Approximately 375,219 shares were traded during trading, an increase of 415% from the average daily volume of 72,860 shares. The stock had previously closed at $0.29.

Charlie’s Stock Down 1.7%

The company has a debt-to-equity ratio of 0.05, a current ratio of 1.46 and a quick ratio of 0.83. The stock has a market cap of $77.14 million, a price-to-earnings ratio of 28.53 and a beta of 1.05. The firm has a 50 day simple moving average of $0.24 and a two-hundred day simple moving average of $0.23.

About Charlie’s

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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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