For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Edible Garden AG Inc’s stock clocked out at $3.91, down -21.64% from its previous closing price of $4.99. In other words, the price has decreased by -$21.64 from its previous closing price. On the day, 2.51 million shares were traded.
Ratios:
To gain a deeper understanding of EDBL’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 0.74.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 0.48 while its Price-to-Book (P/B) ratio in mrq is 2.93.
Stock Price History:
Over the past 52 weeks, EDBL has reached a high of $62.50, while it has fallen to a 52-week low of $1.80. The 50-Day Moving Average of the stock is 61.84%, while the 200-Day Moving Average is calculated to be -52.45%.
Shares Statistics:
A total of 1.66M shares are outstanding, with a floating share count of 1.65M. Insiders hold about 0.09% of the company’s shares, while institutions hold 4.78% stake in the company.
