Eastside Distilling Inc [EAST] stock is trading at $0.67, up 11.78%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The EAST shares have gain 36.12% over the last week, with a monthly amount glided 13.55%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Eastside Distilling Inc [EAST] stock has fluctuated between $0.41 and $2.98 over the past year. Eastside Distilling Inc [NASDAQ: EAST] shares were valued at $0.67 at the most recent close of the market.
Analyzing the EAST fundamentals
Eastside Distilling Inc [NASDAQ:EAST] reported sales of 8.12M for the trailing twelve months, which represents a drop of -74.52%. Gross Profit Margin for this corporation currently stands at -0.01% with Operating Profit Margin at -0.56%, Pretax Profit Margin comes in at -0.71%, and Net Profit Margin reading is -0.77%. To continue investigating profitability, this company’s Return on Assets is posted at -0.39, Equity is 6.25 and Total Capital is 3.22. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-5.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.5838 points at the first support level, and at 0.5006 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.7086, and for the 2nd resistance point, it is at 0.7502.
Ratios To Look Out For
For context, Eastside Distilling Inc’s Current Ratio is 0.29. Further, the Quick Ratio stands at 0.18, while the Cash Ratio is 0.02. Considering the valuation of this stock, the price to sales ratio is 0.45.
Transactions by insiders
Recent insider trading involved Bigger Michael, 10% Owner, that happened on Sep 05 ’24 when 1.05 million shares were sold. Director, LEVY-NAVARRO ELIZABETH ANN completed a deal on Dec 13 ’23 to sell 5000.0 shares. Meanwhile, Director FINNSSON ERIC J. sold 14500.0 shares on Nov 30 ’23.
