Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $1.23 in the prior trading day, Reborn Coffee Inc (NASDAQ: REBN) closed at $1.11, down -9.76%. In other words, the price has decreased by -$9.76 from its previous closing price. On the day, 58325.0 shares were traded. REBN stock price reached its highest trading level at $1.23 during the session, while it also had its lowest trading level at $1.1049.
Ratios:
Our goal is to gain a better understanding of REBN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 0.41. In the meantime, Its Debt-to-Equity ratio is 2.10 whereas as Long-Term Debt/Eq ratio is at 1.37.
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 04 ’24 when Egidi Dennis R. bought 161,000 shares for $3.36 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, REBN now has a Market Capitalization of 4076541 and an Enterprise Value of 10255258. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 1.781 whereas that against EBITDA is -2.389.
Stock Price History:
Over the past 52 weeks, REBN has reached a high of $8.80, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is -47.88%, while the 200-Day Moving Average is calculated to be -63.18%.
Shares Statistics:
The stock has traded on average 70.10K shares per day over the past 3-months and 126700 shares per day over the last 10 days, according to various share statistics. A total of 3.67M shares are outstanding, with a floating share count of 2.46M. Insiders hold about 32.97% of the company’s shares, while institutions hold 1.81% stake in the company. Shares short for REBN as of 1730332800 were 37619 with a Short Ratio of 2.48, compared to 1727654400 on 33679. Therefore, it implies a Short% of Shares Outstanding of 37619 and a Short% of Float of 1.6.
