Reborn Coffee Inc (NASDAQ: REBN) has experienced a rise in its stock price by 25.36 compared to its previous closing price of 1.38. However, the company has seen a gain of 22.26% in its stock price over the last five trading days. GlobeNewsWire reported 2023-08-30 that BREA, Calif., Aug. 30, 2023 (GLOBE NEWSWIRE) — Reborn Coffee, Inc. (NASDAQ: REBN) (“Reborn”, or the “Company”), a California-based retailer of specialty coffee, today announced today it will participate at the H.C. Wainwright 25th Annual Global Investment Conference September 11–12, 2023.
Is It Worth Investing in Reborn Coffee Inc (NASDAQ: REBN) Right Now?
The 36-month beta value for REBN is also noteworthy at 1.46. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for REBN is 0.73M, and at present, short sellers hold a 8.62% of that float. The average trading volume of REBN on May 08, 2024 was 126.83K shares.
REBN’s Market Performance
The stock of Reborn Coffee Inc (REBN) has seen a 22.26% increase in the past week, with a 54.46% rise in the past month, and a -36.40% fall in the past quarter. The volatility ratio for the week is 12.21%, and the volatility levels for the past 30 days are at 13.98% for REBN. The simple moving average for the past 20 days is 29.78% for REBN’s stock, with a -48.14% simple moving average for the past 200 days.
REBN Trading at 35.05% from the 50-Day Moving Average
After a stumble in the market that brought REBN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.34% of loss for the given period.
Volatility was left at 13.98%, however, over the last 30 days, the volatility rate increased by 12.21%, as shares surge +50.43% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.85% upper at present.
During the last 5 trading sessions, REBN rose by +22.26%, which changed the moving average for the period of 200-days by -71.95% in comparison to the 20-day moving average, which settled at $1.3620. In addition, Reborn Coffee Inc saw -62.05% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for REBN
Current profitability levels for the company are sitting at:
- -0.65 for the present operating margin
- 0.68 for the gross margin
The net margin for Reborn Coffee Inc stands at -0.68. The total capital return value is set at -0.65. Equity return is now at value -136.43, with -45.80 for asset returns.
Based on Reborn Coffee Inc (REBN), the company’s capital structure generated 0.65 points at debt to capital in total, while cash flow to debt ratio is standing at -0.97. The debt to equity ratio resting at 1.82. The interest coverage ratio of the stock is -29.95.
Currently, EBITDA for the company is -3.62 million with net debt to EBITDA at -1.59. When we switch over and look at the enterprise to sales, we see a ratio of 1.64. The receivables turnover for the company is 125.71for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.55.
Conclusion
In summary, Reborn Coffee Inc (REBN) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
