Charlie’s (OTCMKTS:CHUC) Releases Earnings Results

Charlie’s (OTCMKTS:CHUC) announced its earnings results on Monday. The company reported ($0.01) earnings per share (EPS) for the quarter, Zacks reports. Charlie’s had a return on equity of 151.74% and a net margin of 19.33%.

Charlie’s Stock Down 14.8%

CHUC stock traded down $0.04 during midday trading on Monday, hitting $0.22. 96,149 shares of the company’s stock were exchanged, compared to its average volume of 90,242. The stock has a market capitalization of $62.00 million, a price-to-earnings ratio of 11.05 and a beta of 1.33. The company has a current ratio of 1.52, a quick ratio of 0.43 and a debt-to-equity ratio of 0.69. The firm has a 50 day moving average price of $0.21 and a 200-day moving average price of $0.25. Charlie’s has a 12-month low of $0.15 and a 12-month high of $0.38.

Charlie’s Company Profile

Charlie's Holdings, Inc, together with its subsidiaries, formulates, markets, and distributes non-combustible nicotine-related, alternative alkaloid vapor, and hemp-derived vapor and edible products. It sells its products through distributors, specialty retailers, and third-party online resellers in the United States, the United Kingdom, Italy, Spain, New Zealand, Australia, and Canada. Charlie's Holdings, Inc was founded in 2014 and is headquartered in Costa Mesa, California.