Edible Garden AG Inc (EDBL) volume exceeds 88.88 million: A new investment opportunity for investors

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Edible Garden AG Inc (NASDAQ: EDBL) kicked off on Tuesday, up 80.00% from the previous trading day, before settling in for the closing price of $2.00. Over the past 52 weeks, EDBL has traded in a range of $1.80-$146.50.

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During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 21.81%. While this was happening, its average annual earnings per share was recorded 95.26%.

Let’s determine the extent of company efficiency that accounts for 99 employees. In terms of profitability, gross margin is 17.68%, operating margin of -62.04%, and the pretax margin is -77.35%.

Edible Garden AG Inc (EDBL) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Farm Products Industry. The insider ownership of Edible Garden AG Inc is 0.11%, while institutional ownership is 5.50%. 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) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 95.26% per share during the next fiscal year.

Edible Garden AG Inc (NASDAQ: EDBL) Trading Performance Indicators

Take a look at Edible Garden AG Inc’s (EDBL) current performance indicators. Last quarter, stock had a quick ratio of 0.53. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.44.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -59.48, a number that is poised to hit -0.74 in the next quarter and is forecasted to reach -1.51 in one year’s time.

Technical Analysis of Edible Garden AG Inc (EDBL)

Looking closely at Edible Garden AG Inc (NASDAQ: EDBL), its last 5-days average volume was 18.24 million, which is a jump from its year-to-date volume of 1.13 million. As of the previous 9 days, the stock’s Stochastic %D was 43.21%. Additionally, its Average True Range was 0.34.

During the past 100 days, Edible Garden AG Inc’s (EDBL) raw stochastic average was set at 20.45%, which indicates a significant decrease from 86.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 252.83% in the past 14 days, which was higher than the 170.98% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.32, while its 200-day Moving Average is $8.46. However, in the short run, Edible Garden AG Inc’s stock first resistance to watch stands at $4.17. Second resistance stands at $4.74. The third major resistance level sits at $5.60. If the price goes on to break the first support level at $2.74, it is likely to go to the next support level at $1.88. Now, if the price goes above the second support level, the third support stands at $1.31.

Edible Garden AG Inc (NASDAQ: EDBL) Key Stats

The company with the Market Capitalisation of 5.96 million has total of 1,655K Shares Outstanding. Its annual sales at the moment are 13,860 K in contrast with the sum of -11,050 K annual income. Company’s last quarter sales were recorded 2,720 K and last quarter income was -3,320 K.

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