At the time of writing, Eastside Distilling Inc [EAST] stock is trading at $0.81, up 25.14%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The EAST shares have gain 45.25% over the last week, with a monthly amount glided 34.14%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
For the past year, the stock price of Eastside Distilling Inc fluctuated between $0.41 and $2.98. Eastside Distilling Inc [NASDAQ: EAST] shares were valued at $0.81 at the most recent close of the market.
Analyzing the EAST fundamentals
According to Eastside Distilling Inc [NASDAQ:EAST], the company’s sales were 8.12M for trailing twelve months, which represents an -74.52% plunge. 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 0.6889 points at the first support level, and at 0.5645 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9089, and for the 2nd resistance point, it is at 1.0045.
Ratios To Look Out For
It is important to note that Eastside Distilling Inc [NASDAQ:EAST] has a current ratio of 0.29. In addition, the Quick Ratio stands at 0.18 and the Cash Ratio stands at 0.02. Considering the valuation of this stock, the price to sales ratio is 0.56.
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.
