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Edible Garden AG Inc (EDBL) Stock: A Comprehensive 52-Week Review

Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Edible Garden AG Inc’s current trading price is -94.19% away from its 52-week high, while its distance from the 52-week low is 44.18%. The stock’s price range over this period has fluctuated between $3.61 and $89.60. The company, operating within the financial sector, had a trading volume of approximately 17.12 million for the day, which was noticeably higher than the average daily share volume of 0.6 million over the last 3 months.

In terms of market performance, Edible Garden AG Inc had a fairly uneven. The highest value for the stock in the past year was $89.60 on 09/01/23, and the lowest value was recorded at $3.61 on 05/14/24.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Edible Garden AG Inc (EDBL) has experienced a quarterly decline of -41.05% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.86M and boasts a workforce of 124 employees.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 7.72, with a change in price of -5.91. Similarly, Edible Garden AG Inc recorded 542,193 in trading volume during the last 100 days, posting a change of -52.86%.

EDBL Stock Stochastic Average

Today’s raw stochastic average for Edible Garden AG Inc over the last 50 days is 18.74%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 31.14%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 13.47% and 7.43%, respectively.

EDBL Stock Price Performance Analysis

A mixed performance in the stock price over the year has left investors with either an optimistic or pessimistic outlook, depending on their point of view. This year’s metric has recorded a Price decrease of -48.30%. However, over the past six months, we’ve seen a stronger performance of -50.80%. The price of EDBL fallen by 14.40% over the last 30 days. And in the last five days, it has surged by 10.74%.

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