The 36-month beta value for EDBL is also noteworthy at 1.41. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for EDBL is 18.19M, and at present, short sellers hold a 15.57% of that float. The average trading volume of EDBL on February 05, 2025 was 16.07M shares.
EDBL) stock’s latest price update
The stock price of Edible Garden AG Inc (NASDAQ: EDBL) has dropped by -5.38 compared to previous close of 0.21. Despite this, the company has seen a fall of -22.63% in its stock price over the last five trading days. globenewswire.com reported 2025-02-03 that Provides Consumer Value Size & Aligns with Walmart’s Project Gigaton, Furthering Sustainability Efforts and Reducing Food Miles Provides Consumer Value Size & Aligns with Walmart’s Project Gigaton, Furthering Sustainability Efforts and Reducing Food Miles
EDBL’s Market Performance
EDBL’s stock has fallen by -22.63% in the past week, with a monthly drop of -40.82% and a quarterly rise of 49.89%. The volatility ratio for the week is 11.28% while the volatility levels for the last 30 days are 16.40% for Edible Garden AG Inc The simple moving average for the last 20 days is -22.77% for EDBL’s stock, with a simple moving average of -83.76% for the last 200 days.
EDBL Trading at -14.35% from the 50-Day Moving Average
After a stumble in the market that brought EDBL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -98.41% of loss for the given period.
Volatility was left at 16.40%, however, over the last 30 days, the volatility rate increased by 11.28%, as shares sank -41.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.55% upper at present.
During the last 5 trading sessions, EDBL fell by -24.50%, which changed the moving average for the period of 200-days by -95.77% in comparison to the 20-day moving average, which settled at $0.2569. In addition, Edible Garden AG Inc saw -38.23% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at EDBL starting from McConnell Mathew J., who purchase 2,013 shares at the price of $0.17 back on Nov 27 ’24. After this action, McConnell Mathew J. now owns 2,153 shares of Edible Garden AG Inc, valued at $334 using the latest closing price.
Kras James E., the President and CEO of Edible Garden AG Inc, purchase 22,200 shares at $0.17 during a trade that took place back on Nov 29 ’24, which means that Kras James E. is holding 36,064 shares at $3,756 based on the most recent closing price.
Stock Fundamentals for EDBL
Current profitability levels for the company are sitting at:
- -0.63 for the present operating margin
- 0.18 for the gross margin
The net margin for Edible Garden AG Inc stands at -0.87. The total capital return value is set at -2.2. Equity return is now at value -338.80, with -129.00 for asset returns.
Based on Edible Garden AG Inc (EDBL), the company’s capital structure generated 0.39 points at debt to capital in total, while cash flow to debt ratio is standing at -4.02. The debt to equity ratio resting at 0.65. The interest coverage ratio of the stock is -8.79.
Currently, EBITDA for the company is -8.22 million with net debt to EBITDA at 0.01. When we switch over and look at the enterprise to sales, we see a ratio of 0.42. The receivables turnover for the company is 8.45for trailing twelve months and the total asset turnover is 1.59. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.
Conclusion
In summary, Edible Garden AG Inc (EDBL) has had a bad 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.
