Reed’s Inc. (REED) went down -4.51% yesterday: Is this the Most Sought-After Stock Today?

Witnessing the stock’s movement on the chart, on January 26, 2021, Reed’s Inc. (NASDAQ: REED) had a quiet start as it plunged -4.51% to $0.92. During the day, the stock rose to $0.975 and sunk to $0.9061 before settling in for the price of $0.96 at the close. Taking a more long-term approach, REED posted a 52-week range of $0.36-$1.64.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

It was noted that the giant of the Consumer Defensive sector posted annual sales growth of -4.90% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -51.20%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -12.90%. This publicly-traded company’s shares outstanding now amounts to $62.94 million, simultaneously with a float of $59.30 million. The organization now has a market capitalization sitting at $62.04 million. At the time of writing, stock’s 50-day Moving Average stood at $0.6913, while the 200-day Moving Average is $0.8521.

It is quite fundamental to gauge the extent of the productivity of the business which is accounted for 28 workers. It has generated 1,207,857 per worker during the last fiscal year. Meanwhile, its income per employee was -575,429. The stock had 12.86 Receivables turnover and 2.37 Total Asset turnover. For the Profitability, stocks gross margin was +23.29, operating margin was -44.06 and Pretax Margin of -47.64.

Reed’s Inc. (REED) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Beverages – Non-Alcoholic industry. Reed’s Inc.’s current insider ownership accounts for 8.70%, in contrast to 29.20% institutional ownership. According to the most recent insider trade that took place on Aug 13, this organization’s Director bought 95,000 shares at the rate of 1.10, making the entire transaction reach 104,266 in total value, affecting insider ownership by 1,717,553. Preceding that transaction, on Mar 17, Company’s Director bought 38,838 for 0.59, making the whole transaction’s value amount to 22,852. This particular insider is now the holder of 2,452,715 in total.

Reed’s Inc. (REED) Earnings and Revenue Records

As on 9/29/2020, Multinational firm has announced its last quarter scores, in which it reported -$0.04 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.02) by -$0.02. This company achieved a net margin of -47.64. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.

Reed’s Inc.’s EPS decrease for this current 12-month fiscal period is -12.90% and is forecasted to reach -0.11 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 20.00% through the next 5 years, which can be compared against the -51.20% growth it accomplished over the previous five years trading on the market.

Reed’s Inc. (NASDAQ: REED) Trading Performance Indicators

Let’s observe the current performance indicators for Reed’s Inc. (REED). It’s Quick Ratio in the last reported quarter now stands at 0.40. The Stock has managed to achieve an average true range (ATR) of 0.07. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.63.

In the same vein, REED’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.21, a figure that is expected to reach -0.04 in the next quarter, and analysts are predicting that it will be -0.11 at the market close of one year from today.

Technical Analysis of Reed’s Inc. (REED)

Going through the that latest performance of [Reed’s Inc., REED]. Its last 5-days volume of 2.08 million indicated improvement to the volume of 1.93 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 86.79% While, its Average True Range was 0.0801.

A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .


Get the hottest stocks to trade every day before the market opens 100% free. Click here now.

Raw Stochastic average of Reed’s Inc. (REED) in the period of the previous 100 days is set at 69.28%, which indicates a major fall in contrast to 80.07% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 123.95% that was higher than 87.28% volatility it exhibited in the past 100-days period.

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

Recent Articles

The Facts You Need to Know about Itron Inc. (ITRI) Moving Forward

Itron, Inc. (NASDAQ: ITRI) released a positive update for the fourth quarter and full-year 2020. This quarter was highlighted by a record portfolio of...

One stock you can’t skip: Bionano Genomics Inc. [BNGO]

Bionano Genomics Inc. (BNGO) stock prices have grown nearly 1,000% in the past 12 months. Despite this, some analysts feel that the shares have...

What the sentiment indicator is Signaling: CEVA Inc (CEVA)

CEVA, Inc. (NASDAQ: CEVA) reported its fourth-quarter report on Tuesday, February 16; the company signed 21 new agreements generating record revenues. CEVA provides OEMs with...

A Stock Check: Which direction Pinterest Inc (PINS) will move from here?

The social networking company Pinterest Inc (PINS) rose 226% in the past year. If the price has increased significantly, is it worthwhile to acquire...

Why Should Synaptics Incorporated (SYNA) Be On Your Radar?

Growing demand for laptops has allowed Synaptics Inc. (NASDAQ: SYNA) to expand its touchpad sales. The company becomes a technology leader in its narrow...

Related Stories

Leave A Reply

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the pre-market morning brief 100% free

We do not sell or share your information with anyone.