Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Real Good Food Company Inc (NASDAQ: RGF) was $0.60 for the day, down -23.40% from the previous closing price of $0.79. In other words, the price has decreased by -$23.40 from its previous closing price. On the day, 2.09 million shares were traded. RGF stock price reached its highest trading level at $0.76 during the session, while it also had its lowest trading level at $0.5.
Ratios:
Our analysis of RGF’s different ratios will help us gain a deeper understanding of the company. 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:
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 20506438 and an Enterprise Value of 82997528. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.24. Its current Enterprise Value per Revenue stands at 0.531 whereas that against EBITDA is -2.492.
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 $0.21. The 50-Day Moving Average of the stock is 14.37%, while the 200-Day Moving Average is calculated to be -70.28%.
Shares Statistics:
RGF traded an average of 687.32K shares per day over the past three months and 2267620 shares per day over the past ten days. A total of 19.77M shares are outstanding, with a floating share count of 18.49M. Insiders hold about 6.48% of the company’s shares, while institutions hold 57.11% stake in the company. Shares short for RGF as of 1713139200 were 296911 with a Short Ratio of 0.43, compared to 1710460800 on 137803. Therefore, it implies a Short% of Shares Outstanding of 296911 and a Short% of Float of 1.76.
