cbdMD (NYSEAMERICAN:YCBD) Trading Up 13.3% – What’s Next?

cbdMD, Inc. (NYSEAMERICAN:YCBDGet Free Report)’s share price shot up 13.3% during trading on Friday . The stock traded as high as $0.59 and last traded at $0.56. 2,988,988 shares were traded during trading, a decline of 24% from the average session volume of 3,931,248 shares. The stock had previously closed at $0.50.

cbdMD Price Performance

The firm has a market capitalization of $2.12 million, a price-to-earnings ratio of -0.05 and a beta of 1.98. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.52.

About cbdMD

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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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