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 -98.39% away from its 52-week high, while its distance from the 52-week low is -36.96%. The stock’s price range over this period has fluctuated between $0.46 and $18.00. The company, operating within the financial sector, had a trading volume of approximately 5.68 million for the day, which was noticeably higher than the average daily share volume of 0.5 million over the last 3 months.
Edible Garden AG Inc experienced a rather shaky stock market performance. The highest value in the past year was recorded at $18.00 on 09/28/23 and the lowest value was $0.46 on 09/27/24.
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Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Edible Garden AG Inc (EDBL) has experienced a quarterly decline of -77.52% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.92M 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 1.6108, with a change in price of -4.5200. Similarly, Edible Garden AG Inc recorded 794,053 in trading volume during the last 100 days, posting a change of -93.97%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for EDBL stands at 11.08. Similarly, the long-term debt-to-equity ratio is also 1.47.
EDBL Stock Stochastic Average
Today, Edible Garden AG Inc’s raw stochastic average for the past 50 days stands at 3.01%, indicating a decline from the raw stochastic average of the last 20 days, which was 4.27%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 2.15% and 1.71% respectively.
EDBL Stock Price Performance Analysis
Investors have been left with mixed emotions regarding the stock price performance over the year, as it’s been a mixed bag. This year’s metric has recorded a Price decrease of -97.12%. However, over the past six months, we’ve seen a stronger performance of -95.47%. The price of EDBL leaped by -74.78% over the last 30 days. And in the last five days, it has fallen by -65.97%.