Edible Garden AG Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $13.00 on 12/15/23, while the lowest price for the same duration was marked at $0.12 on 11/04/24.
52-week price history of EDBL Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. 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 28.69%. The stock’s price range during this period has spanned from $0.12 to $13.00. In the Consumer Defensive sector, the Edible Garden AG Inc’s shares surpassed a trading volume of approximately 3.08 million for the day, which was noticeably lower compared to the average daily volume of 9.4.16 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 -86.35% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.97M 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 0.7762, with a change in price of -1.1330. Similarly, Edible Garden AG Inc recorded 3,017,403 in trading volume during the last 100 days, posting a change of -87.83%.
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 0.65. Similarly, the long-term debt-to-equity ratio is also 0.22.
EDBL Stock Stochastic Average
Today’s raw stochastic average for Edible Garden AG Inc over the last 50 days is 3.85%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 17.78%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 13.26% and 13.43%, respectively.
EDBL Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. This year’s metric has recorded a Price decrease of -98.44%. However, over the past six months, we’ve seen a stronger performance of -96.37%. The price of EDBL leaped by -27.65% over the last 30 days. And in the last five days, it has fallen by -9.46%.
