Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
After finishing at $0.83 in the prior trading day, Eastside Distilling Inc (NASDAQ: EAST) closed at $0.85, up 2.91%. In other words, the price has increased by $2.91 from its previous closing price. On the day, 0.12 million shares were traded. EAST stock price reached its highest trading level at $0.8501 during the session, while it also had its lowest trading level at $0.732.
Ratios:
Our goal is to gain a better understanding of EAST by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.18 and its Current Ratio is at 0.29.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 10 ’24 when Liuzza Nicholas Reyland JR bought 38,165 shares for $0.82 per share. The transaction valued at 31,486 led to the insider holds 49,000 shares of the business.
Liuzza Nicholas Reyland JR bought 6,835 shares of EAST for $5,263 on Dec 09 ’24. The CEO of Subsidiary now owns 10,835 shares after completing the transaction at $0.77 per share. On Sep 05 ’24, another insider, Bigger Michael, who serves as the 10% Owner of the company, sold 1,054,091 shares for $2.09 each. As a result, the insider received 2,201,329 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EAST now has a Market Capitalization of 3986075 and an Enterprise Value of 15256054. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49. Its current Enterprise Value per Revenue stands at 1.474 whereas that against EBITDA is -4.04.
Stock Price History:
The Beta on a monthly basis for EAST is 1.69, which has changed by -0.32 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, EAST has reached a high of $2.98, while it has fallen to a 52-week low of $0.41. The 50-Day Moving Average of the stock is 25.60%, while the 200-Day Moving Average is calculated to be 1.27%.
Shares Statistics:
The stock has traded on average 125.61K shares per day over the past 3-months and 283720 shares per day over the last 10 days, according to various share statistics. A total of 4.69M shares are outstanding, with a floating share count of 3.30M. Insiders hold about 29.65% of the company’s shares, while institutions hold 1.41% stake in the company. Shares short for EAST as of 1730332800 were 99597 with a Short Ratio of 1.01, compared to 1727654400 on 12947. Therefore, it implies a Short% of Shares Outstanding of 99597 and a Short% of Float of 2.5100000000000002.
Earnings Estimates
The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
