Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
The price of Edible Garden AG Inc (NASDAQ: EDBL) closed at $0.33 in the last session, down -0.95% from day before closing price of $0.34. In other words, the price has decreased by -$0.95 from its previous closing price. On the day, 9.47 million shares were traded. EDBL stock price reached its highest trading level at $0.424 during the session, while it also had its lowest trading level at $0.325.
Ratios:
We take a closer look at EDBL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.81 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.22.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 27 ’24 when McConnell Mathew J. bought 2,013 shares for $0.17 per share. The transaction valued at 334 led to the insider holds 2,153 shares of the business.
Kras James E. bought 22,200 shares of EDBL for $3,756 on Nov 29 ’24. The President and CEO now owns 36,064 shares after completing the transaction at $0.17 per share. On Nov 27 ’24, another insider, Kras James E., who serves as the President and CEO of the company, bought 11,500 shares for $0.17 each. As a result, the insider paid 1,939 and bolstered with 13,864 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 6554296 and an Enterprise Value of 3945063. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.50 while its Price-to-Book (P/B) ratio in mrq is 0.64. Its current Enterprise Value per Revenue stands at 0.267 whereas that against EBITDA is -0.51.
Stock Price History:
Over the past 52 weeks, EDBL has reached a high of $12.47, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 72.11%, while the 200-Day Moving Average is calculated to be -81.79%.
Shares Statistics:
According to the various share statistics, EDBL traded on average about 17.43M shares per day over the past 3-months and 81425510 shares per day over the past 10 days. A total of 18.91M shares are outstanding, with a floating share count of 18.17M. Insiders hold about 3.91% of the company’s shares, while institutions hold 6.64% stake in the company. Shares short for EDBL as of 1730332800 were 303495 with a Short Ratio of 0.00, compared to 1727654400 on 244184. Therefore, it implies a Short% of Shares Outstanding of 303495 and a Short% of Float of 1.6099999999999999.
