Is Eastside Distilling Inc (EAST) Stock a Good Buy for Short-term Investors?

A share price of Eastside Distilling Inc [EAST] is currently trading at $0.88, up 15.66%. 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 13.38% over the last week, with a monthly amount glided 22.07%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Eastside Distilling Inc experienced fluctuations in its stock price throughout the past year between $0.41 and $2.98. Eastside Distilling Inc [NASDAQ: EAST] shares were valued at $0.88 at the most recent close of the market.

Analyzing the EAST fundamentals

Trailing Twelve Months sales for Eastside Distilling Inc [NASDAQ:EAST] were 8.12M which represents -74.52% decline. 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-5.21.

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 0.7794 points at the first support level, and at 0.6798 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.9493, and for the 2nd resistance point, it is at 1.0196.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Eastside Distilling Inc [NASDAQ:EAST] 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 0.51.

Transactions by insiders

Recent insider trading involved Liuzza Nicholas Reyland JR, CEO of Subsidiary, that happened on Dec 10 ’24 when 38165.0 shares were purchased. CEO of Subsidiary, Liuzza Nicholas Reyland JR completed a deal on Dec 09 ’24 to buy 6835.0 shares. Meanwhile, 10% Owner Bigger Michael sold 1.05 million shares on Sep 05 ’24.

Related Posts