A Few Bright Spots In Reborn Coffee Inc (NASDAQ: REBN)

Reborn Coffee Inc (NASDAQ:REBN) currently has a daily average trading volume of 2.72M but it saw 278712 shares traded in last market. With a market cap of 14.90M USD, the company’s current market price of $3.26 came falling about -1.21 while comparing to the previous closing price of $3.30. In past 52 weeks, the stock remained buoying in the range of price level as high as $8.80 and as low as $1.03. In the recent trading on the day, stock has struck highest price mark of $3.25 while lowest mark touched by it was $3.5.

Taking a look at 20-day trading activity of Reborn Coffee Inc (REBN) gives us an average price of $3.64, while its current price level is -62.95% below from 52-week high level whereas it is 216.50% 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 $4.24 while that of 200 days or SMA-200 reads an average of $3.17. A closer look into the stock’s movement over the week reveals that its volatility is standing at 9.17% during that period while stretching the period over a month that increases to 10.28%. 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 40.35 which implies that the stock is in neutral territory.

Over the week, REBN’s stock price is moving -3.26% down while it is -29.74% when we observe its performance for the past one month. Year-to-date it is 96.39% up and over the past year, the stock is showing an upside performance of 168.31%.

Currently, Reborn Coffee Inc’s total number of outstanding shares is 4.27M. Company’s return on investment (ROI) stands at -96.01% and return on equity (ROE) at -278.67%. Stock’s beta reads 2.23. Stock has a price to book (P/B) ratio of 5.35 while price to sale or P/S ratio amounts to 2.51. Its return on asset (ROA) is -56.40% on average.