In the last trading session, 1.06 million cbdMD Inc (AMEX:YCBD) shares changed hands as the company’s beta touched 1.97. With the company’s per share price at $0.50 changed hands at $0.03 or 5.96% during last session, the market valuation stood at $1.88M. YCBD’s last price was a discount, traded about -246.0% off its 52-week high of $1.73. The share price had its 52-week low at $0.42, which suggests the last value was 16.0% up since then. When we look at cbdMD Inc’s average trading volume, we note the 10-day average is 0.15 million shares, with the 3-month average coming to 87.80K.
cbdMD Inc (AMEX:YCBD) trade information
Instantly YCBD was in green as seen at the end of in last trading. With action 10.67%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -52.12%, with the 5-day performance at 10.67% in the green. However, in the 30-day time frame, cbdMD Inc (AMEX:YCBD) is 13.18% up. Looking at the short shares, we see there were 0.16 million shares sold at short interest cover period of 5.68 days.
cbdMD Inc (YCBD) estimates and forecasts
Year-over-year growth is forecast to reach -18.30% down from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 4.81M. 1 analysts are of the opinion that cbdMD Inc’s revenue for the current quarter will be 5.19M. The company’s revenue for the corresponding quarters a year ago was 5.71M and 5.8M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -15.80%. The estimates for the next quarter sales put growth at -10.50%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -40.95%. The 2024 estimates are for cbdMD Inc earnings to increase by 80.26%.
YCBD Dividends
cbdMD Inc is expected to release its next quarterly earnings report in December.
cbdMD Inc (AMEX:YCBD)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 19.14% of cbdMD Inc shares while 2.28% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 2.81%.
