cbdMD Inc (AMEX:YCBD) does about 698.98K shares in volume on a normal day but saw 2681186 shares change hands in the recent trading day. The company now has a market cap of 3.12M USD. Its current market price is $0.56, marking an increase of 13.28% compared to the previous close of $0.50. The 52 week high reached by this stock is $1.34 whilst the lowest price level in 52 weeks is $0.31.
cbdMD Inc (YCBD) has a 20-day trading average at $0.4186 and the current price is -57.99% off the 52-week high compared with 80.97% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4523 and its 200-day simple moving average is $0.5952. If we look at the stock’s price movements over the week, volatility stands at 31.28%, which decreases to 20.86% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 63.59 to suggest the stock is neutral.
The consensus objective for the share price is $2.00, suggesting that the stock has a potential upside of 72.0% over the period.
The current price level is 34.49%, 24.49%, and -5.41% away from its SMA20, SMA50, and SMA200 respectively, with the YCBD price moving below the 50-day SMA on current market day. cbdMD Inc (YCBD) stock is up 35.99% over the week and 22.02% over the past month. Its price is 50.13% year-to-date and -39.78% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year. In addition, estimates put the company’s current quarterly revenue at an average of $5.19M.
To reach the target analysts have set, the stock logically needs to grow 72.0 percent from here.
Outstanding shares total 5.54M with insiders holding 16.11% of the shares and institutional holders owning 3.33% of the company’s common stock. The company has a return on investment of -392.38% and return on equity of -67.31%. The beta has a value of 1.98. Price to book ratio is 1.13 and price to sales ratio is 0.16.
