Calloway’s Nursery (OTCMKTS:CLWY) Trading Down 21.3% – Should You Sell?

Calloway’s Nursery Inc. (OTCMKTS:CLWYGet Free Report) shares dropped 21.3% on Friday . The company traded as low as $5.51 and last traded at $5.51. 900 shares traded hands during mid-day trading, The stock had previously closed at $7.00.

Calloway’s Nursery Stock Down 21.3%

The firm has a market capitalization of $36.64 million, a P/E ratio of 26.24 and a beta of -0.01. The firm’s 50-day simple moving average is $2.12 and its 200-day simple moving average is $2.07.

Calloway’s Nursery Company Profile

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Calloway’s Nursery, traded on the OTC markets under the symbol CLWY, is a vertically integrated horticultural company focused on the production and retail sale of landscaping plants, garden supplies and related services. The company cultivates a wide variety of container-grown trees, shrubs, perennials and houseplants at its own nurseries, leveraging proprietary propagation techniques to ensure consistent quality and availability. These products are distributed through a chain of retail garden centers and via direct wholesale channels to professional landscapers and landscape supply distributors.

With a footprint centered in North Carolina, Calloway’s Nursery operates multiple retail locations that serve both residential gardeners and commercial contractors across the Southeastern United States.

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