Charlotte’s Web (OTCMKTS:CWBHF) Trading 5.8% Higher – What’s Next?

Charlotte’s Web Holdings, Inc. (OTCMKTS:CWBHFGet Free Report) shares traded up 5.8% during trading on Thursday . The stock traded as high as $0.11 and last traded at $0.11. 367,461 shares traded hands during trading, an increase of 73% from the average session volume of 212,743 shares. The stock had previously closed at $0.10.

Charlotte’s Web Stock Performance

The firm has a 50-day simple moving average of $0.13 and a 200 day simple moving average of $0.15.

About Charlotte’s Web

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Charlotte's Web Holdings, Inc is involved in the farming, manufacture, marketing, and sale of hemp-derived cannabidiol (CBD) wellness products. The company's products categories include hemp extract oil tinctures, such as liquid products; gummies; and capsules, CBD topical creams, and lotions, as well as products for pets under the Charlotte's Web, ReCreate, CBD Medic, CBD Clinic, and Harmony Hemp brands.

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