cbdMD (NYSEAMERICAN:YCBD) Stock Price Down 2.5% – What’s Next?

cbdMD, Inc. (NYSEAMERICAN:YCBDGet Free Report) shares fell 2.5% during mid-day trading on Thursday . The stock traded as low as $0.43 and last traded at $0.43. 14,371 shares traded hands during trading, a decline of 91% from the average session volume of 154,805 shares. The stock had previously closed at $0.44.

cbdMD Stock Performance

The company has a market cap of $1.62 million, a PE ratio of -0.04 and a beta of 2.01. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.52.

cbdMD (NYSEAMERICAN:YCBDGet Free Report) last issued its earnings results on Wednesday, August 14th. The company reported ($0.15) earnings per share (EPS) for the quarter. The business had revenue of $5.17 million for the quarter. cbdMD had a negative net margin of 96.00% and a negative return on equity of 350.55%.

cbdMD Company Profile

(Get Free Report)

cbdMD, Inc produces and distributes various cannabidiol (CBD) products. The company owns and operates consumer hemp-based CBD brands, such as cbdMD, Paw CBD, hempMD, and cbdMD Botanicals. Its cbdMD brand products include CDB tinctures, gummies, topicals, capsules, drink mixes, and sleep, focus, and calming aids.

Further Reading

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