Charlottes Web Holdings: Stocks trading at Less Than Cash Value on TSX (CWEB)
Charlottes Web Holdings is among the group of Toronto Stock Exchange companies currently trading at less than cash value. This means companies whose current share price is less than the cash per share on their balance sheet or stocks with more cash than market cap.
This report is generated monthly. It also shows the value of cash net debt per share to show how much cash per share would be left if the debt was paid off. Stocks in this category are held primarily for speculation. Companies can have more cash per share than the actual share price for a number of reasons including that they just raised capital, are in industries that experience high burn rates and will eat through the cash quickly or there is a lot of uncertainty about the future of the company. Companies earning a positive net income will have a price-to-earnings, or P/E, ratio greater than zero and are worth exploring in more detail.
| Symbol | Name | Close Price | Shares Outstanding | P/E | P/B | Cash per Share | Net Cash per Share |
|---|---|---|---|---|---|---|---|
| BBTV-T | BBTV Hldgs | 0.35 | 21,484 | 0 | 0.212 | 0.87 | -2.46 |
| TRZ-T | Transat A.T. | 3.66 | 38,185 | 4.147 | 42.067 | 12.25 | -32.38 |
| TS-B-T | Torstar | 0.74 | 81,336 | 0 | 0.355 | 0.85 | 0.68 |
| AEZS-T | AEterna Zentaris | 4 | 4,855 | 0 | 0.462 | 9.59 | 9.55 |
| CRDL-T | Cardiol Therapeutics | 0.81 | 64,042 | 0 | 0.994 | 0.93 | 0.93 |
| CWEB-T | Charlottes Web Holdings | 0.3 | 152,432 | 79.498 | 0.438 | 0.44 | 0.06 |
| VLE-T | Valeura Energy | 2.01 | 101,073 | 0.765 | 0.648 | 2.66 | 1.3 |
| LPEN-T | Loop Energy | 0.59 | 34,052 | 0 | 0.508 | 0.72 | 0.49 |
| BBU-UN-T | Brookfield Bus Partners | 25.6 | 74,612 | 19.596 | 0.969 | 40.81 | -612.33 |
| IMV-T | IMV | 1.12 | 11,711 | 0 | 8.951 | 1.81 | -0.66 |
| FDGE-T | Farmers Edge | 0.198 | 41,959 | 0 | 2.934 | 0.36 | -0.95 |
| FLOW-T | Flow Beverage | 0.44 | 55,540 | 0 | 0.939 | 0.46 | -0.12 |
| REUN-T | Reunion Neuroscience | 0.96 | 11,645 | 0 | 0.419 | 2.74 | 2.27 |
| ANRG-T | Anaergia | 0.84 | 64,545 | 0 | 0.377 | 1.01 | -5.02 |
| IDG-T | Indigo Books & Music | 2.01 | 27,352 | 0 | 2.353 | 5.44 | -12.44 |
| TSAT-T | Telesat | 10.56 | 13,391 | 8.602 | 0.277 | 127.66 | -159.05 |
More about Charlottes Web Holdings
Charlottes Web Holdings Inc is engaged in the production and distribution of hemp-based cannabidiol (CBD) wellness products. Its product categories include ingestible products (tinctures, capsules, and gummies), topicals, and pet products. The company distributes its products through an e-commerce website, third-party e-commerce websites, select distributors, health practitioners, and a variety of brick-and-mortar specialty retailers.
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