At the time of writing, Edible Garden AG Inc [EDBL] stock is trading at $0.35, up 10.88%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The EDBL shares have gain 137.55% over the last week, with a monthly amount glided 119.72%, 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 Edible Garden AG Inc fluctuated between $0.12 and $12.47. Edible Garden AG Inc [NASDAQ: EDBL] shares were valued at $0.35 at the most recent close of the market.
Analyzing the EDBL fundamentals
According to Edible Garden AG Inc [NASDAQ:EDBL], the company’s sales were 14.07M for trailing twelve months, which represents an -21.44% plunge. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at -0.63%, Pretax Profit Margin comes in at -0.87%, and Net Profit Margin reading is -0.87%. To continue investigating profitability, this company’s Return on Assets is posted at -1.38, Equity is 80.61 and Total Capital is -2.2. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.62.
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 0.2967 points at the first support level, and at 0.2480 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3810, and for the 2nd resistance point, it is at 0.4166.
Ratios To Look Out For
It is important to note that Edible Garden AG Inc [NASDAQ:EDBL] has a current ratio of 1.11. As well, the Quick Ratio is 0.81, while the Cash Ratio is 0.45. Considering the valuation of this stock, the price to sales ratio is 0.53, the price to book ratio is 0.66.
Transactions by insiders
Recent insider trading involved McConnell Mathew J., Director, that happened on Nov 27 ’24 when 2013.0 shares were purchased. President and CEO, Kras James E. completed a deal on Nov 29 ’24 to buy 22200.0 shares. Meanwhile, President and CEO Kras James E. bought 11500.0 shares on Nov 27 ’24.
