Real Good Food Company Inc’s Market Journey: Closing Weak at 0.36, Down -18.55

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The closing price of Real Good Food Company Inc (NASDAQ: RGF) was $0.36 for the day, down -18.55% from the previous closing price of $0.44. In other words, the price has decreased by -$18.55 from its previous closing price. On the day, 1.48 million shares were traded. RGF stock price reached its highest trading level at $0.469 during the session, while it also had its lowest trading level at $0.35.

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 12250246 and an Enterprise Value of 78251296. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.05 while its Price-to-Book (P/B) ratio in mrq is 0.14. Its current Enterprise Value per Revenue stands at 0.5 whereas that against EBITDA is -2.349.

Stock Price History:

The Beta on a monthly basis for RGF is 0.32, which has changed by -0.9037333 over the last 52 weeks, in comparison to a change of 0.2704494 over the same period for the S&P500. 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 -23.84%, while the 200-Day Moving Average is calculated to be -81.59%.

Shares Statistics:

RGF traded an average of 739.16K shares per day over the past three months and 2585940 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 51.90% stake in the company. Shares short for RGF as of 1714435200 were 189899 with a Short Ratio of 0.26, compared to 1711584000 on 208144. Therefore, it implies a Short% of Shares Outstanding of 189899 and a Short% of Float of 1.13.

Earnings Estimates

The current market rating for Real Good Food Company Inc (RGF) reflects the collective analysis of 1.0 analysts closely monitoring its performance.On average, analysts expect EPS of -$0.34 for the current quarter, with a high estimate of -$0.34 and a low estimate of -$0.34, while EPS last year was -$0.79. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.15 and low estimates of -$0.15.

Analysts are recommending an EPS of between -$1.79 and -$1.79 for the fiscal current year, implying an average EPS of -$1.79. EPS for the following year is -$1.01, with 1.0 analysts recommending between -$1.01 and -$1.01.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 2 analysts. It ranges from a high estimate of $64.2M to a low estimate of $41M. As of the current estimate, Real Good Food Company Inc’s year-ago sales were $35.65MFor the next quarter, 2 analysts are estimating revenue of $39.47M. There is a high estimate of $39.47M for the next quarter, whereas the lowest estimate is $39.47M.

A total of 2 analysts have provided revenue estimates for RGF’s current fiscal year. The highest revenue estimate was $185M, while the lowest revenue estimate was $161.73M, resulting in an average revenue estimate of $173.36M. In the same quarter a year ago, actual revenue was $141.59MBased on 1 analysts’ estimates, the company’s revenue will be $169.81M in the next fiscal year. The high estimate is $169.81M and the low estimate is $169.81M.

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