Cannabis Wheaton Income (OTCMKTS:CBWTF) Stock Price Down 0.4% – Time to Sell?

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) fell 0.4% during mid-day trading on Tuesday . The stock traded as low as $2.44 and last traded at $2.4580. Approximately 47,023 shares traded hands during trading, an increase of 82% from the average daily volume of 25,857 shares. The stock had previously closed at $2.4690.

Cannabis Wheaton Income Stock Performance

The company has a market cap of $253.94 million, a P/E ratio of 12.93 and a beta of 1.42. The business has a 50 day moving average price of $0.87 and a two-hundred day moving average price of $0.37. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.35 and a current ratio of 2.23.

Cannabis Wheaton Income (OTCMKTS:CBWTF) last posted its earnings results on Thursday, August 13th. The company reported $0.05 earnings per share (EPS) for the quarter. Cannabis Wheaton Income had a return on equity of 18.36% and a net margin of 19.74%.

About Cannabis Wheaton Income

Cannabis Wheaton Income Corp. was a Canadian cannabis company that provided financing, operational support and other resources to licensed cannabis producers. Its business model was based in part on cannabis supply agreements, under which the company helped fund cultivation projects in exchange for rights to receive a portion of future production.

The company’s activities included supporting cannabis cultivation, processing and product development, with a focus on building a diversified supply network serving Canada’s medical and adult-use cannabis markets.