Charlie’s (OTCMKTS:CHUC) Stock Price Down 4% – Time to Sell?

Charlie’s Holdings, Inc. (OTCMKTS:CHUC) shares fell 4% during mid-day trading on Wednesday . The company traded as low as $0.2495 and last traded at $0.2495. 57,159 shares changed hands during mid-day trading, an increase of 20% from the average session volume of 47,812 shares. The stock had previously closed at $0.26.

Charlie’s Stock Performance

The business has a fifty day simple moving average of $0.28 and a 200-day simple moving average of $0.26. The company has a quick ratio of 0.83, a current ratio of 1.46 and a debt-to-equity ratio of 0.05. The firm has a market cap of $67.53 million, a P/E ratio of 24.97 and a beta of 1.35.

Charlie’s Company Profile

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.