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As of close of business last night, Edible Garden AG Inc’s stock clocked out at $0.16, up 0.94% from its previous closing price of $0.16. In other words, the price has increased by $0.94 from its previous closing price. On the day, 0.76 million shares were traded. EDBL stock price reached its highest trading level at $0.1655 during the session, while it also had its lowest trading level at $0.1532.
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 0.81 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:
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 Apr 25 ’24 when UBS Group AG bought 1,005 shares for $6.07 per share. The transaction valued at 6,105 led to the insider holds 35,077 shares of the business.
UBS Group AG sold 30,056 shares of EDBL for $163,307 on Apr 25 ’24. The 10% Owner now owns 5,025 shares after completing the transaction at $5.43 per share. On Apr 24 ’24, another insider, UBS Group AG, who serves as the 10% Owner of the company, sold 106 shares for $6.30 each. As a result, the insider received 668 and left with 34,076 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, EDBL now has a Market Capitalization of 3032378 and an Enterprise Value of 3945063. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.22 while its Price-to-Book (P/B) ratio in mrq is 0.31. Its current Enterprise Value per Revenue stands at 0.267 whereas that against EBITDA is -0.51.
Stock Price History:
Over the past 52 weeks, EDBL has reached a high of $13.00, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -46.10%, while the 200-Day Moving Average is calculated to be -94.51%.
Shares Statistics:
It appears that EDBL traded 4.25M shares on average per day over the past three months and 2767160 shares per day over the past ten days. A total of 18.86M shares are outstanding, with a floating share count of 17.36M. Insiders hold about 7.96% of the company’s shares, while institutions hold 6.65% stake in the company. Shares short for EDBL as of 1730332800 were 303495 with a Short Ratio of 0.07, compared to 1727654400 on 244184. Therefore, it implies a Short% of Shares Outstanding of 303495 and a Short% of Float of 1.6099999999999999.
Earnings Estimates
The dynamic stock of Edible Garden AG Inc (EDBL) is currently being evaluated by a team of 1 analysts, each contributing to its current rating.The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.19 and low estimates of -$0.19.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is -$0.45, with 1 analysts recommending between -$0.45 and -$0.45.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $4.12M. It ranges from a high estimate of $4.12M to a low estimate of $4.12M. As of the current estimate, Edible Garden AG Inc’s year-ago sales were $4.08MFor the next quarter, 1 analysts are estimating revenue of $3.89M. There is a high estimate of $3.89M for the next quarter, whereas the lowest estimate is $3.89M.
A total of 1 analysts have provided revenue estimates for EDBL’s current fiscal year. The highest revenue estimate was $14.11M, while the lowest revenue estimate was $14.11M, resulting in an average revenue estimate of $14.11M. In the same quarter a year ago, actual revenue was $14.05MBased on 1 analysts’ estimates, the company’s revenue will be $20.09M in the next fiscal year. The high estimate is $20.09M and the low estimate is $20.09M.