When Does cbdMD Inc (YCBD) Become A Good Investment?

cbdMD Inc (AMEX:YCBD) has a beta value of 1.99 and has seen 4.69 million shares traded in the last trading session. The company, currently valued at $4.31M, closed the last trade at $0.56 per share which meant it lost -$0.02 on the day or -3.55% during that session. The YCBD stock price is -139.29% off its 52-week high price of $1.34 and 44.64% above the 52-week low of $0.31. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.39 million shares traded. The 3-month trading volume is 566.68K shares.

cbdMD Inc (AMEX:YCBD) trade information

Sporting -3.55% in the red in last session, 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 $0.56 or saw a rise of 13.85%. Year-to-date, cbdMD Inc shares have moved 48.53%, while the 5-day performance has seen it change 47.75%. Over the past 30 days, the shares of cbdMD Inc (AMEX:YCBD) have changed 17.51%. 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 -3.13% over the past 6 months.

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 57.37% over the past 5 years.

YCBD Dividends

cbdMD Inc is expected to release its next earnings report in February 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.