The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Edible Garden AG Inc’s current trading price is -98.79% away from its 52-week high, while its distance from the 52-week low is 28.77%. The stock’s price range for this period has been between $0.12 and $13.00 The company’s shares, which are part of the Consumer Defensive sector, had a trading volume of approximately 10.68 million for the day, a number notably higher than the average daily volume of 4.29 million over the last three months.
Edible Garden AG Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $13.00 on 12/15/23, while the lowest price for the same period was registered at $0.12 on 11/04/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Edible Garden AG Inc (EDBL) has experienced a quarterly decline of -87.82% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.96M 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 0.8224, with a change in price of -1.2350. Similarly, Edible Garden AG Inc recorded 2,928,944 in trading volume during the last 100 days, posting a change of -88.85%.
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
Edible Garden AG Inc’s raw stochastic average for the past 50 days is presently 3.52%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 16.77%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 24.37% and 25.47%, respectively.
EDBL Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -98.44% this year. Over the last six months, there has been a stronger performance of -96.82%. The price of EDBL leaped by -25.19% during the last 30 days period. For the last 5-days stocks have improved 5.79%.
