Consequently, YCBD stock is trading at $1.85 at the time of the writing. The decline could be due to the profit-taking factor after YCBD stock surged 30.20% during Monday’s regular trading hours and closed the day at $1.94. The surge was attributable to the announcement of the partnership with Amazon.
Full Answer
Where can I buy ycbd shares?
Shares of YCBD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
What does ycbd stand for?
CHARLOTTE, N.C., December 03, 2021--cbdMD, Inc. (NYSE American: YCBD, YCBDpA) (the "Company"), one of the leading, and most highly trusted and recognized cannabidiol (CBD) brands, announced today that it has commenced a preclinical human study with researchers at the University of South Carolina.
What's the upside for cbdMD stock?
Their forecasts range from $3.25 to $3.25. On average, they anticipate cbdMD's stock price to reach $3.25 in the next year. This suggests a possible upside of 209.5% from the stock's current price.
Does cbdMD boast high insider ownership?
In the past three months, cbdMD insiders have not sold or bought any company stock. 29.20% of the stock of cbdMD is held by insiders. A high percentage of insider ownership can be a sign of company health. 44.91% of the stock of cbdMD is held by institutions. High institutional ownership can be a signal of strong market trust in this company.
Is YCBD stock a good buy?
Is CBDMD Stock a good buy in 2022, according to Wall Street analysts? The consensus among 1 Wall Street analyst covering (NYSEMKT: YCBD) stock is to Hold YCBD stock.
Will YCBD go up?
cbdMD Inc (NYSE American:YCBD) The 2 analysts offering 12-month price forecasts for cbdMD Inc have a median target of 3.70, with a high estimate of 5.00 and a low estimate of 2.40. The median estimate represents a +640.44% increase from the last price of 0.50.
Is cbdMD publicly traded?
cbdMD Inc is a United States based company. It owns and operates the consumer hemp-based cannabidiol (CBD) brand, cbdMD....About cbdMD, Inc.NameTitleSibyl SwiftVice President-Scientific & Regulatory AffairsT. Ronan KennedyChief Operating & Financial Officer1 more row
Should I buy or sell cbdMD stock right now?
1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for cbdMD in the last twelve months. There are currently 1 hold ratin...
What is cbdMD's stock price forecast for 2022?
1 brokers have issued 12-month target prices for cbdMD's stock. Their forecasts range from $3.25 to $3.25. On average, they anticipate cbdMD's shar...
How has cbdMD's stock price performed in 2022?
cbdMD's stock was trading at $1.04 at the start of the year. Since then, YCBD stock has decreased by 58.7% and is now trading at $0.43. View the b...
When is cbdMD's next earnings date?
cbdMD is scheduled to release its next quarterly earnings announcement on Wednesday, August 10th 2022. View our earnings forecast for cbdMD .
How were cbdMD's earnings last quarter?
cbdMD, Inc. (NYSEAMERICAN:YCBD) posted its quarterly earnings data on Thursday, December, 16th. The company reported ($0.07) EPS for the quarter, m...
Who are cbdMD's key executives?
cbdMD's management team includes the following people: Mr. Martin A. Sumichrast , Chairman & CEO (Age 55, Pay $590.18k) Mr. Raymond Scott Coffma...
Who are some of cbdMD's key competitors?
Some companies that are related to cbdMD include Waldencast Acquisition (WALD) , NuGene International (NUGN) , CCA Industries (CAWW) , Stephan...
What other stocks do shareholders of cbdMD own?
Based on aggregate information from My MarketBeat watchlists, some companies that other cbdMD investors own include KushCo (KSHB) , ADMA Biologic...
What is cbdMD's stock symbol?
cbdMD trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "YCBD."
Why YCBD Soared?
On Monday, YCBD announced its multi-year partnership with Amify. Amify is a platform partner of Amazon.com. The partnership was meant to prepare for the inclusion of CBD products on the Amazon marketplace. Amify would serve as the exclusive CBD partner to the company.
Q3 2021 Operational Results
On 12th August, YCBD released the operational results for the third quarter of the fiscal year 2021. The quarter ended on 30th June. The company generated total net sales of $10.56 million during the quarter against $10.63 million for the same quarter of 2020.
Business Highlights
Alongside the operational results, YCBD also released the business highlights of the period. The company expanded on its award-winning sleep products during the quarter. It launched cbdMD Therapeutics subsidiary to advance cannabinoid science and clinical studies. The renewal of NSF certification was done during the period.
Future Outlook for YCBD
During the last three months, YCBD stock has declined more than 10%. However, the estimates suggest that the company is in a good position to attract potential investors toward. Hence, upcoming times seem to be scintillating ones for YCBD stock.
About cbdMD
cbdMD, Inc. produces and distributes various cannibidiol (CBD) products. It operates the consumer hemp-based CBD brand. The firms product categories include CBD tinctures, capsules, gummies, bath bombs, topical creams, and animal treats and oils.
Headlines
CbdMD shares are trading lower after the company reported Q1 sales results were lower year over year. - Benzinga
AdvisorShares Trust Buys Hydrofarm Holdings Group Inc, Power REIT, RIV Capital Inc, Sells ..
Investment company AdvisorShares Trust (Current Portfolio) buys Hydrofarm Holdings Group Inc, Power REIT, RIV Capital Inc, sells Direxion Daily CSI China Internet Index Bull 2X Sh, Greenlane Holdings Inc, cbdMD Inc during the 3-months ended 2021Q3, according to the most recent filings of the investment company, AdvisorShares Trust.
Is cbdMD (NYSEMKT:YCBD) Using Debt In A Risky Way?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
When is YCBD 2021?
(NYSE American: YCBD, YCBDpA), one of the nation’s leading and most highly trusted and recognized cannabidiol (CBD) brands, today announced its financial results and its business highlights for its second quarter and six months ended March 31, 2021.
What is a cbd?
cbdMD, Inc. (NYSE American: YCBD, YCBDpA) (the "Company"), one of the leading, and most highly trusted and recognized cannabidiol (CBD) brands, announced today that on March 26th, it officially filed its Novel Food Application ("Application") with the United Kingdom’s Food Standards Agency ("FSA"). The Application included all of the requisite data to allow for a validated submission and thorough scientific assessment. A similar submission was simultaneously made to the European Food Safety Authority (EFSA) to ensure compliance for the European markets. The Company’s products have been offered for sale in the UK since mid 2019.
Is YCBD a company?
cbdMD, Inc. (NYSE American: YCBD, YCBDpA) (the "Company"), one of the leading, and most highly trusted and recognized cannabidiol (CBD) company, announced today that its recently formed subsidiary, cbdMD Therapeutics, has begun a collaboration with researchers at the Colorado State University (CSU) veterinary program, to explore the effects of the Company’s patent pending, proprietary cbdMD branded cannabinoid blend on dogs that suffer from osteoarthritis. The results from this study will provid
Is YCBD a sponsor of NOBULL CrossFit?
cbdMD will also be an Official Sponsor of the NOBULL CrossFit Games Semifinals , which will take place from May 28 to June 20. Through the sponsorship, cbdMD gains access to the CrossFit Games audience of 11 million worldwide viewers, including millions of members across 14,000 affiliated gyms in 158 countries.
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
What's Happening With YCBD Stock Today?
cbdMD Inc (YCBD) stock has gained 3.46% while the S&P 500 has fallen -0.57% as of 3:30 PM on Monday, Dec 13. YCBD has risen $0.05 from the previous closing price of $1.30 on volume of 455,044 shares. Over the past year the S&P 500 is up 28.44% while YCBD has fallen -48.67%. YCBD lost -$0.53 per share in the over the last 12 months.
More About cbdMD Inc
cbdMD Inc is a United States based company. It owns and operates the consumer hemp-based cannabidiol (CBD) brand, cbdMD. The company's product categories include CBD tinctures, CBD gummies, CBD topicals, CBD bath bombs, CBD oils, and CBD pet products.
cbdMD Inc ( YCBD ) Stock Market info
Recommendations: Buy or sell cbdMD stock? Wall Street Stock Market & Finance report, prediction for the future: You'll find the cbdMD share forecasts, stock quote and buy / sell signals below. According to present data cbdMD's YCBD shares and potentially its market environment have been in bearish cycle last 12 months (if exists).
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What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
What's Happening With YCBD Stock Today?
cbdMD Inc (YCBD) stock is trading at $1.81 as of 12:46 PM on Friday, Oct 8, a drop of -$0.04, or -2.16% from the previous closing price of $1.85. The stock has traded between $1.80 and $1.90 so far today. Volume today is below average. So far 73,258 shares have traded compared to average volume of 142,806 shares.
More About cbdMD Inc
cbdMD Inc is a United States based company. It owns and operates the consumer hemp-based cannabidiol (CBD) brand, cbdMD. The company's product categories include CBD tinctures, CBD gummies, CBD topicals, CBD bath bombs, CBD oils, and CBD pet products.
