Edible Garden AG Inc [EDBL] stock prices are down -2.30% to $3.82 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The EDBL shares have gain 93.91% over the last week, with a monthly amount glided 97.93%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
The stock price of Edible Garden AG Inc [EDBL] has been fluctuating between $1.80 and $62.50 over the past year. Edible Garden AG Inc [NASDAQ: EDBL] shares were valued at $3.82 at the most recent close of the market.
Analyzing the EDBL fundamentals
The Edible Garden AG Inc [NASDAQ:EDBL] reported sales of 13.44M for trailing twelve months, representing a drop of -13.22%. Gross Profit Margin for this corporation currently stands at 0.18% with Operating Profit Margin at -0.62%, Pretax Profit Margin comes in at -0.77%, and Net Profit Margin reading is -0.77%. To continue investigating profitability, this company’s Return on Assets is posted at -1.22, Equity is -4.25 and Total Capital is -2.49. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.5.
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 3.41 points at the first support level, and at 3.01 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.61, and for the 2nd resistance point, it is at 5.41.
Ratios To Look Out For
It’s worth pointing out that Edible Garden AG Inc [NASDAQ:EDBL]’s Current Ratio is 0.82. On the other hand, the Quick Ratio is 0.53, and the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.47, the price to book ratio is 2.86.
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.
