The stock of cbdMD Inc (YCBD) has gone down by -4.79% for the week, with a 38.96% rise in the past month and a -2.87% drop in the past quarter. The volatility ratio for the week is 18.94%, and the volatility levels for the past 30 days are 16.54% for YCBD. The simple moving average for the past 20 days is 19.03% for YCBD’s stock, with a -1.71% simple moving average for the past 200 days.
Is It Worth Investing in cbdMD Inc (AMEX: YCBD) Right Now?
Company’s 36-month beta value is 2.08.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for YCBD is 2.37M, and currently, short sellers hold a 10.30% ratio of that floaft. The average trading volume of YCBD on April 05, 2024 was 285.23K shares.
YCBD) stock’s latest price update
The stock price of cbdMD Inc (AMEX: YCBD) has jumped by 6.84 compared to previous close of 0.90. Despite this, the company has seen a fall of -4.79% in its stock price over the last five trading days. Newsfile Corp reported 2024-02-08 that Charlotte, North Carolina–(Newsfile Corp. – February 8, 2024) – cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD-PA), one of the nation’s leading, highly trusted and widely recognized CBD companies, today announces that it will host a conference call at 4:20 p.m., Eastern Time, on Tuesday, February 13, 2024, to discuss the company’s December 31, 2023 first quarter of fiscal 2024 financial results and business progress.
YCBD Trading at 26.57% from the 50-Day Moving Average
After a stumble in the market that brought YCBD to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -89.55% of loss for the given period.
Volatility was left at 16.54%, however, over the last 30 days, the volatility rate increased by 18.94%, as shares surge +32.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.21% upper at present.
During the last 5 trading sessions, YCBD fell by -4.79%, which changed the moving average for the period of 200-days by -43.44% in comparison to the 20-day moving average, which settled at $0.8197. In addition, cbdMD Inc saw -7.54% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for YCBD
Current profitability levels for the company are sitting at:
- -0.83 for the present operating margin
- 0.63 for the gross margin
The net margin for cbdMD Inc stands at 1.79. The total capital return value is set at -2.13. Equity return is now at value -118.82, with -78.62 for asset returns.
Based on cbdMD Inc (YCBD), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at -0.7. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is 677.31.
Currently, EBITDA for the company is 7.39 million with net debt to EBITDA at 0.18. When we switch over and look at the enterprise to sales, we see a ratio of 0.2. The receivables turnover for the company is 21.27for trailing twelve months and the total asset turnover is 1.55. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.23.
Conclusion
In a nutshell, cbdMD Inc (YCBD) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
