Ideas And Forecasts On Reborn Coffee Inc (NASDAQ: REBN)

Reborn Coffee Inc (NASDAQ:REBN) currently has a daily average trading volume of 115.45K but it saw 3301083 shares traded in last market. With a market cap of 8.41M USD, the company’s current market price of $2.29 came rising about 34.71 while comparing to the previous closing price of $1.70. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.80 and as low as $0.92. In the recent trading on the day, stock has struck highest price mark of $1.69 while lowest mark touched by it was $2.76.

Taking a look at 20-day trading activity of Reborn Coffee Inc (REBN) gives us an average price of $1.5800, while its current price level is -73.98% below from 52-week high level whereas it is 148.91% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.3900 while that of 200 days or SMA-200 reads an average of $3.0300. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.91% during that period while stretching the period over a month that decreases to 16.97%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 72.18 which implies that the stock is in overbought territory.

Over the week, REBN’s stock price is moving 51.66% up while it is 46.79% when we observe its performance for the past one month. Year-to-date it is 37.95% up and over the past year, the stock is showing a downside performance of -17.77%.

The company is expected to be releasing its next quarterly report in February, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Reborn Coffee Inc’s total number of outstanding shares is 3.34M with 45.63% of that held by the insiders while 1.90% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -75.09% and return on equity (ROE) at -224.31%. Stock’s beta reads 2.19. Stock has a price to book (P/B) ratio of 2.86 while price to sale or P/S ratio amounts to 1.53. Its return on asset (ROA) is -52.49% on average.