Ratios Revealed: Decoding Edible Garden AG Inc (EDBL)’s Financial Health

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 71792.0 shares were traded. EDBL stock price reached its highest trading level at $1.1866 during the session, while it also had its lowest trading level at $1.1.

Ratios:

Our analysis of EDBL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.63 and its Current Ratio is at 0.73. In the meantime, Its Debt-to-Equity ratio is 11.08 whereas as Long-Term Debt/Eq ratio is at 1.47.

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 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 3602844 and an Enterprise Value of 7067847. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 7.05. Its current Enterprise Value per Revenue stands at 0.478 whereas that against EBITDA is -0.913.

Stock Price History:

Over the past 52 weeks, EDBL has reached a high of $89.60, while it has fallen to a 52-week low of $1.00. The 50-Day Moving Average of the stock is -9.32%, while the 200-Day Moving Average is calculated to be -80.29%.

Shares Statistics:

EDBL traded an average of 549.66K shares per day over the past three months and 91830 shares per day over the past ten days. A total of 3.16M shares are outstanding, with a floating share count of 3.13M. Insiders hold about 0.84% of the company’s shares, while institutions hold 1.83% stake in the company. Shares short for EDBL as of 1723680000 were 876467 with a Short Ratio of 1.59, compared to 1721001600 on 161039. Therefore, it implies a Short% of Shares Outstanding of 876467 and a Short% of Float of 27.76.

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