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1 Comment
cbdMD, Inc is currently in a long term downtrend where the price is trading 14.2% below its 200 day moving average.
From a valuation standpoint, the stock is 99.7% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 4.4.
cbdMD, Inc's total revenue rose by 21.5% to $12M since the same quarter in the previous year.
Its net income has dropped by 172.7% to $-9M since the same quarter in the previous year.
Finally, its free cash flow grew by 57.9% to $-2M since the same quarter in the previous year.
Based on the above factors, cbdMD, Inc gets an overall score of 3/5.
Exchange | NYSE MKT |
---|---|
CurrencyCode | USD |
ISIN | US12482W1018 |
Sector | Healthcare |
Industry | Drug Manufacturers - Specialty & Generic |
Market Cap | 732K |
---|---|
PE Ratio | None |
Target Price | 16 |
Beta | 2.77 |
Dividend Yield | None |
cbdMD, Inc. produces and distributes various cannabidiol (CBD) products in the United States. The company owns and operates consumer hemp-based CBD brands, such as cbdMD, Paw CBD, hempMD, and cbdMD Botanicals. Its cbdMD brand products include CDB tinctures, gummies, topicals, capsules, drink mixes, ready to drink cans, and sleep, focus, and calming aids. It also provides veterinarian-formulated products, including tinctures, chews, and topicals under the Paw CBD brand name; nootropic mushroom line under the ATRx brand; and hemp derived solutions under the hempMD brand. It distributes its products through its e-commerce website, third-party e-commerce sites, select distributors and marketing partners, wholesalers, and various brick and mortar retailers. The company was formerly known as Level Brands, Inc. and changed its name to cbdMD, Inc. in May 2019. cbdMD, Inc. is headquartered in Charlotte, North Carolina.
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