cbdMD Inc (YCBD) Down -75.73% From Its 52-Week High, But Growth Potential Is Changing Over Time

cbdMD Inc (AMEX:YCBD) currently has a daily average trading volume of 2.14M but it saw 1301700 shares traded in last market. With a market cap of 1.90M USD, the company’s current market price of $0.30 came falling about -8.92 while comparing to the previous closing price of $0.33. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.25 and as low as $0.21. In the recent trading on the day, stock has struck highest price mark of $0.28 while lowest mark touched by it was $0.326.

Taking a look at 20-day trading activity of cbdMD Inc (YCBD) gives us an average price of $0.2840, while its current price level is -75.73% below from 52-week high level whereas it is 44.43% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.4143 while that of 200 days or SMA-200 reads an average of $0.4847. A closer look into the stock’s movement over the week reveals that its volatility is standing at 25.80% during that period while stretching the period over a month that decreases to 15.39%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 47.13 which implies that the stock is in neutral territory.

Over the week, YCBD’s stock price is moving 17.65% up while it is -13.34% when we observe its performance for the past one month. Year-to-date it is -19.12% down and over the past year, the stock is showing a downside performance of -64.73%.

The company is expected to be releasing its next quarterly report on 2025-Feb-12, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $5.7M as analysts are expecting the sales for current fiscal year at $21.58M and seeing the company making $23.74M in sales next year. Moreover, analysts are in estimates of $5.14M for current-quarter revenue.

Currently, cbdMD Inc’s total number of outstanding shares is 5.54M with 13.79% of that held by the insiders while 2.96% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -282.01% and return on equity (ROE) at -60.98%. Stock’s beta reads 2.75. Stock has a price to book (P/B) ratio of 0.95 while price to sale or P/S ratio amounts to 0.10. Its return on asset (ROA) is -20.19% on average.