Edible Garden AG Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $13.40 on 11/10/23 and a low of $0.19 for the same time frame on 10/09/24.
52-week price history of EDBL Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Edible Garden AG Inc’s current trading price is -98.25% away from its 52-week high, while its distance from the 52-week low is 23.74%. The stock’s price range during the 52-week period has remained between $0.19 and $13.40. In the Consumer Defensive sector, the company’s shares saw a trading volume of around 127.34 million for the day, which was evidently higher than the average daily volume of 1.45 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Edible Garden AG Inc (EDBL) has experienced a quarterly decline of -82.19% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 0.74M and boasts a workforce of 124 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 1.0120, with a change in price of -1.4267. Similarly, Edible Garden AG Inc recorded 2,275,321 in trading volume during the last 100 days, posting a change of -85.43%.
Examining EDBL’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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
Edible Garden AG Inc’s raw stochastic average for the past 50 days is presently 4.85%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 41.38%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 19.49% and 11.15%, respectively.
EDBL Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. The index has shown a price loss of -97.66% this year. Over the last six months, there has been a stronger performance of -95.72%. The price of EDBL leaped by -49.46% during the last 30 days period. For the last 5-days stocks have improved 13.03%.
