On Monday, Edible Garden AG Inc (NASDAQ: EDBL) opened lower -5.97% from the last session, before settling in for the closing price of $0.16. Price fluctuations for EDBL have ranged from $0.12 to $13.00 over the past 52 weeks.
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Consumer Defensive Sector giant saw their annual sales surged by 27.61% over the last five years. Company’s average yearly earnings per share was noted 74.24% at the time writing. With a float of $18.17 million, this company’s outstanding shares have now reached $18.91 million.
The firm has a total of 124 workers. Let’s measure their productivity. In terms of profitability, gross margin is 18.27%, operating margin of -62.57%, and the pretax margin is -86.81%.
Edible Garden AG Inc (EDBL) Insider Activity
A key investor’s attitude towards the stock of the Farm Products industry is another important factor to consider. The insider ownership of Edible Garden AG Inc is 3.91%, while institutional ownership is 6.64%. The most recent insider transaction that took place on Nov 27 ’24, was worth 334. In this transaction Director of this company bought 2,013 shares at a rate of $0.17, taking the stock ownership to the 2,153 shares. Before that another transaction happened on Nov 29 ’24, when Company’s President and CEO bought 22,200 for $0.17, making the entire transaction worth $3,756. This insider now owns 36,064 shares in total.
Edible Garden AG Inc (EDBL) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.19 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 74.24% per share during the next fiscal year.
Edible Garden AG Inc (NASDAQ: EDBL) Trading Performance Indicators
Check out the current performance indicators for Edible Garden AG Inc (EDBL). In the past quarter, the stock posted a quick ratio of 0.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -30.38, a number that is poised to hit -0.36 in the next quarter and is forecasted to reach -0.45 in one year’s time.
Technical Analysis of Edible Garden AG Inc (EDBL)
Analysing the last 5-days average volume posted by the [Edible Garden AG Inc, EDBL], we can find that recorded value of 0.96 million was lower than the volume posted last year of 1.67 million. As of the previous 9 days, the stock’s Stochastic %D was 22.23%. Additionally, its Average True Range was 0.02.
During the past 100 days, Edible Garden AG Inc’s (EDBL) raw stochastic average was set at 1.78%, which indicates a significant decrease from 12.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 63.24% in the past 14 days, which was lower than the 127.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.1745, while its 200-day Moving Average is $2.2749. Now, the first resistance to watch is $0.1537. This is followed by the second major resistance level at $0.1593. The third major resistance level sits at $0.1628. If the price goes on to break the first support level at $0.1446, it is likely to go to the next support level at $0.1411. Should the price break the second support level, the third support level stands at $0.1355.
Edible Garden AG Inc (NASDAQ: EDBL) Key Stats
There are currently 19,530K shares outstanding in the company with a market cap of 2.77 million. Presently, the company’s annual sales total 14,050 K according to its annual income of -10,190 K. Last quarter, the company’s sales amounted to 2,580 K and its income totaled -2,060 K.
