Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of Edible Garden AG Inc (NASDAQ: EDBL) was $0.23 for the day, up 4.48% from the previous closing price of $0.22. In other words, the price has increased by $4.48 from its previous closing price. On the day, 8.3 million shares were traded.
Ratios:
Our analysis of EDBL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.22.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 27 ’24 when McConnell Mathew J. bought 2,013 shares for $0.17 per share. The transaction valued at 334 led to the insider holds 2,153 shares of the business.
Kras James E. bought 22,200 shares of EDBL for $3,756 on Nov 29 ’24. The President and CEO now owns 36,064 shares after completing the transaction at $0.17 per share. On Nov 27 ’24, another insider, Kras James E., who serves as the President and CEO of the company, bought 11,500 shares for $0.17 each. As a result, the insider paid 1,939 and bolstered with 13,864 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 0.45.
Stock Price History:
Over the past 52 weeks, EDBL has reached a high of $12.47, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -2.14%, while the 200-Day Moving Average is calculated to be -76.24%.
Shares Statistics:
A total of 18.91M shares are outstanding, with a floating share count of 18.88M. Insiders hold about 0.13% of the company’s shares, while institutions hold 5.66% stake in the company.
