cbdMD Inc (AMEX:YCBD) has a beta value of 2.02 and has seen 4.73 million shares traded in the recent trading session. The company, currently valued at $2.23M, closed the recent trade at $0.50 per share which meant it gained $0.11 on the day or 27.20% during that session. The YCBD stock price is -246.0% off its 52-week high price of $1.73 and 24.0% above the 52-week low of $0.38. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.1 million shares traded. The 3-month trading volume is 130.11K shares.
cbdMD Inc (AMEX:YCBD) trade information
Sporting 27.20% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the YCBD stock price touched $0.50 or saw a rise of 6.3%. Year-to-date, cbdMD Inc shares have moved -52.20%, while the 5-day performance has seen it change 7.74%. Over the past 30 days, the shares of cbdMD Inc (AMEX:YCBD) have changed -2.43%. Short interest in the company has seen 0.19 million shares shorted with days to cover at 1.14.
cbdMD Inc (YCBD) estimates and forecasts
The company’s shares have lost -21.72% over the past 6 months. Revenue growth from the last financial year stood is estimated to be -18.31%.
1 analysts offering their estimates for the company have set an average revenue estimate of 4.81M for the current quarter. 1 have an estimated revenue figure of 5.19M for the next ending quarter. Year-ago sales stood 5.71M and 5.38M respectively for this quarter and the next, and analysts expect sales will shrink by -15.84% for the current quarter and -18.31% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -40.95% over the past 5 years.
YCBD Dividends
cbdMD Inc is expected to release its next earnings report in January this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
cbdMD Inc (AMEX:YCBD)’s Major holders
Insiders own 16.11% of the company shares, while shares held by institutions stand at 3.33% with a share float percentage of 3.97%. Investors are also buoyed by the number of investors in a company, with cbdMD Inc having a total of 19.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Extended Market Index Fund and Fidelity Extended Market Index Fund. As of Sep 30, 2024, the former fund manager holds about 0.35% shares in the company for having 13.04 shares of worth $6651.0 while later fund manager owns 8.99 shares of worth $4585.0 as of Oct 31, 2024, which makes it owner of about 0.24% of company’s outstanding stock.
