The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of Real Good Food Company Inc (NASDAQ: RGF) was $0.38 for the day, up 19.54% from the previous closing price of $0.32. In other words, the price has increased by $19.54 from its previous closing price. On the day, 1.95 million shares were traded. RGF stock price reached its highest trading level at $0.435 during the session, while it also had its lowest trading level at $0.296.
Ratios:
Our analysis of RGF’s different ratios will help us gain a deeper understanding of the company.
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:
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 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 13269951 and an Enterprise Value of 78692168. Its current Enterprise Value per Revenue stands at 0.503 whereas that against EBITDA is -2.362.
Stock Price History:
Over the past 52 weeks, RGF has reached a high of $1.63, while it has fallen to a 52-week low of $0.20. The 50-Day Moving Average of the stock is 38.06%, while the 200-Day Moving Average is calculated to be -6.13%.
Shares Statistics:
RGF traded an average of 206.63K shares per day over the past three months and 648030 shares per day over the past ten days. A total of 20.89M shares are outstanding, with a floating share count of 19.51M. Insiders hold about 6.60% of the company’s shares, while institutions hold 25.92% stake in the company. Shares short for RGF as of 1734048000 were 112919 with a Short Ratio of 0.55, compared to 1731628800 on 201993. Therefore, it implies a Short% of Shares Outstanding of 112919 and a Short% of Float of 0.66000004.
