Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Real Good Food Company Inc (NASDAQ: RGF) closed the day trading at $0.32 down -8.20% from the previous closing price of $0.35. In other words, the price has decreased by -$8.20 from its previous closing price. On the day, 0.65 million shares were traded. RGF stock price reached its highest trading level at $0.36 during the session, while it also had its lowest trading level at $0.32.
Ratios:
For a better understanding of RGF, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 5.02 whereas as Long-Term Debt/Eq ratio is at 4.78.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, B. Riley Securities on March 20, 2024, Downgraded its rating to Neutral and sets its target price to $0.50 from $6 previously.
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 Mar 01 ’24 when AWM Investment Company, Inc. sold 415,000 shares for $1.10 per share. The transaction valued at 456,500 led to the insider holds 1,941,859 shares of the business.
AWM Investment Company, Inc. sold 109,368 shares of RGF for $130,666 on Feb 29 ’24. The 10% Owner now owns 2,356,859 shares after completing the transaction at $1.19 per share. On Feb 28 ’24, another insider, AWM Investment Company, Inc., who serves as the 10% Owner of the company, sold 19,400 shares for $1.22 each. As a result, the insider received 23,669 and left with 2,466,227 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, RGF now has a Market Capitalization of 10858944 and an Enterprise Value of 77451472. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.13. Its current Enterprise Value per Revenue stands at 0.495 whereas that against EBITDA is -2.325.
Stock Price History:
Over the past 52 weeks, RGF has reached a high of $5.21, while it has fallen to a 52-week low of $0.30. The 50-Day Moving Average of the stock is -58.13%, while the 200-Day Moving Average is calculated to be -86.07%.
Shares Statistics:
Over the past 3-months, RGF traded about 338.71K shares per day on average, while over the past 10 days, RGF traded about 298190 shares per day. A total of 19.77M shares are outstanding, with a floating share count of 19.09M. Insiders hold about 3.45% of the company’s shares, while institutions hold 61.03% stake in the company. Shares short for RGF as of 1711584000 were 208144 with a Short Ratio of 0.61, compared to 1709164800 on 168545. Therefore, it implies a Short% of Shares Outstanding of 208144 and a Short% of Float of 1.23000005.
Earnings Estimates
Investors are keenly observing as Regions Financial Corporation analysts analyze and rate the current performance of Real Good Food Company Inc (RGF) in the stock market.The consensus estimate for the next quarter is $121.94, with high estimates of $11.01 and low estimates of $0.32.
Analysts are recommending an EPS of between $Industrials and $Consumer Defensive for the fiscal current year, implying an average EPS of $Financial Services.
