Charlie’s (OTCMKTS:CHUC) Issues Quarterly Earnings Results

Charlie’s (OTCMKTS:CHUC) announced its earnings results on Monday. The company reported ($0.01) 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 Price Performance

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

About Charlie’s

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.