Edible Garden AG Inc (NASDAQ:EDBL) currently has a daily average trading volume of 3.31M but it saw 109404112 shares traded in last market. With a market cap of 8.26M USD, the company’s current market price of $4.99 came rising about 38.61 while comparing to the previous closing price of $3.60. In past 52 weeks, the stock remained buoying in the range of price level as high as $146.50 and as low as $1.80.
Over the week, EDBL’s stock price is moving 116.96% up while it is 162.63% when we observe its performance for the past one month. Year-to-date it is -37.92% down and over the past year, the stock is showing a downside performance of -94.26%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.74 while estimate for next year EPS is -3.24. In next quarter, company is expected to be making quarterly sales of $3.88M as analysts are expecting the sales for current fiscal year at $17.6M and seeing the company making $21.12M in sales next year. Moreover, analysts are in estimates of $4.48M for current-quarter revenue.
Currently, Edible Garden AG Inc’s total number of outstanding shares is 1.66M with 3.04% of that held by the insiders while 0.63% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -425.75% and return on equity (ROE) at -580.71%. Stock’s beta reads 2.41. Stock has a price to book (P/B) ratio of 3.74 while price to sale or P/S ratio amounts to 0.61. Its return on asset (ROA) is -139.74% on average.
