cbdMD Inc (AMEX:YCBD) traded at $0.50 at close of the session on current trade day and made a downward move of -10.59% on its previous day’s price.
Looking at the stock we see that its previous close was $0.56 and the beta (5Y monthly) reads 1.991 with the day’s price range being $0.47 – $0.55. In terms of its 52-week price range, YCBD has a high of $1.34 and a low of $0.31. The company’s stock has gained about 4.84% over that past 30 days.
cbdMD Inc has a market cap of $2.76 million and is expected to release its quarterly earnings report in February.
On the other hand, looking at the outlook for the YCBD stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 50% Sell.
Looking further, we note the current price level is 21.44% off its SMA20 and 9.92% from its 50-day simple moving average. The RSI (14) is pointing at 57.48 while the volatility over the past week is 26.67% and jumps to 19.07% over the past one month. The beta value is 2.01, while the average true range (ATR) is currently pointing at 0.07.
Coming back to cbdMD Inc (AMEX:YCBD), we note that the average 3-month trading volume was 642.00K, while that of the preceding 10-day period stands at 1.84 million. Current shares outstanding are 5.54 million.
The insiders hold 17.01% of the company’s shares while institutions hold 2.69%. The data shows that short shares as of 2024-11-29, stood at 0.19 million at a short ratio of 1.14. This represents a 474.00 short interest in shares outstanding on 2024-11-29. Shares short fall in November from the previous month at 0.28 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 32.80% up in year-to-date price movement.
