Edible Garden AG Inc (NASDAQ:EDBL) currently has a daily average trading volume of 17.14M but it saw 2567202 shares traded in last market. With a market cap of 5.44M USD, the company’s current market price of $0.18 came rising about 0.56 while comparing to the previous closing price of $0.18. In past 52 weeks, the stock remained buoying in the range of price level as high as $12.47 and as low as $0.12. In the recent trading on the day, stock has struck highest price mark of $0.1623 while lowest mark touched by it was $0.1863.
Taking a look at 20-day trading activity of Edible Garden AG Inc (EDBL) gives us an average price of $0.2347, while its current price level is -98.56% below from 52-week high level whereas it is 46.72% 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 $0.2347 while that of 200 days or SMA-200 reads an average of $1.0817. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.53% during that period while stretching the period over a month that increases to 15.30%. 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 34.75 which implies that the stock is in neutral territory.
Over the week, EDBL’s stock price is moving -13.94% down while it is -26.37% when we observe its performance for the past one month. Year-to-date it is -44.32% down and over the past year, the stock is showing a downside performance of -98.14%.
The company is expected to be releasing its next quarterly report in March, for which analysts forecasted an EPS of -0.36 while estimate for next year EPS is 0. In next quarter, company is expected to be making quarterly sales of $3.89M as analysts are expecting the sales for current fiscal year at $14.11M and seeing the company making $20.09M in sales next year. Moreover, analysts are in estimates of $4.12M for current-quarter revenue.
Currently, Edible Garden AG Inc’s total number of outstanding shares is 18.91M with 10.21% of that held by the insiders while 2.42% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -305.84% and return on equity (ROE) at -338.80%. Stock’s beta reads 1.43. Stock has a price to book (P/B) ratio of 0.34 while price to sale or P/S ratio amounts to 0.39. Its return on asset (ROA) is -129.00% on average.
