Overall market sentiment has been neutral on Charlotte's Web Holdings Inc (CWBHF) stock lately. CWBHF receives a Neutral rating from InvestorsObserver Stock Sentiment Indicator.
Charlotte's Web Holdings Inc has a Neutral sentiment reading. Find out what this means for you and get the rest of the rankings on CWBHF!
What is Stock Sentiment?
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With CWBHF Stock Today?
Charlotte's Web Holdings Inc (CWBHF) stock is trading at $1.08 as of 1:56 PM on Wednesday, Jan 12, a gain of $0.04, or 3.85% from the previous closing price of $1.04. The stock has traded between $0.99 and $1.13 so far today. Volume today is 335,939 compared to average volume of 442,754.
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More About Charlotte's Web Holdings Inc
Charlottes Web Holdings Inc is engaged in the production and distribution of hemp-based cannabidiol (CBD) wellness products. Its product categories include ingestible products (tinctures, capsules, and gummies), topicals, and pet products. The company distributes its products through an e-commerce website, third-party e-commerce websites, select distributors, health practitioners, and a variety of brick and mortar specialty retailers.
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