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Eastside Distilling Inc (NASDAQ: EAST) closed the day trading at $0.56 up 3.80% from the previous closing price of $0.54. In other words, the price has increased by $3.80 from its previous closing price. On the day, 0.63 million shares were traded. EAST stock price reached its highest trading level at $0.5782 during the session, while it also had its lowest trading level at $0.501.
Ratios:
For a better understanding of EAST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.11 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 Sep 05 ’24 when Bigger Michael sold 1,054,091 shares for $2.09 per share. The transaction valued at 2,201,329 led to the insider holds 0 shares of the business.
LEVY-NAVARRO ELIZABETH ANN sold 5,000 shares of EAST for $5,350 on Dec 13 ’23. The Director now owns 38,979 shares after completing the transaction at $1.07 per share. On Nov 30 ’23, another insider, FINNSSON ERIC J., who serves as the Director of the company, sold 14,500 shares for $1.11 each. As a result, the insider received 16,095 and left with 19,880 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 2686193 and an Enterprise Value of 15297672. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26. Its current Enterprise Value per Revenue stands at 1.478 whereas that against EBITDA is -4.051.
Stock Price History:
Over the past 52 weeks, EAST has reached a high of $2.98, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is -13.59%, while the 200-Day Moving Average is calculated to be -39.65%.
Shares Statistics:
Over the past 3-months, EAST traded about 2.36M shares per day on average, while over the past 10 days, EAST traded about 36560 shares per day. A total of 4.80M shares are outstanding, with a floating share count of 2.82M. Insiders hold about 41.19% of the company’s shares, while institutions hold 0.94% stake in the company. Shares short for EAST as of 1728950400 were 81677 with a Short Ratio of 0.03, compared to 1726185600 on 53776. Therefore, it implies a Short% of Shares Outstanding of 81677 and a Short% of Float of 2.6199998.
