Cannabis Wheaton Income (OTCMKTS:CBWTF) Stock Price Down 0.4% – What’s Next?

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF)’s stock price fell 0.4% on Tuesday . The stock traded as low as $2.44 and last traded at $2.4580. Approximately 47,023 shares changed hands during mid-day 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 Down 0.4%

The company’s 50-day simple moving average is $0.87 and its two-hundred day simple moving average is $0.37. The firm has a market capitalization of $253.94 million, a P/E ratio of 12.93 and a beta of 1.42. The company has a debt-to-equity ratio of 0.21, a current ratio of 2.23 and a quick ratio of 1.35.

Cannabis Wheaton Income (OTCMKTS:CBWTF) last announced its quarterly earnings data 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%.

Cannabis Wheaton Income Company Profile

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.