Real Good Food Company Inc (NASDAQ: RGF) Stock Has Dropped -4.37% Over The Month – Is There Room For Growth?

Real Good Food Company Inc (NASDAQ:RGF)’s traded shares stood at 0.35 million during the last session, with the company’s beta value hitting 0.05. At the close of trading, the stock’s price was $0.31, to imply an increase of 2.00% or $0.01 in intraday trading. The RGF share’s 52-week high remains $5.21, putting it -1580.65% down since that peak but still an impressive 9.68% since price per share fell to its 52-week low of $0.28. The company has a valuation of $6.05M, with an average of 358.62K shares over the past 3 months.

Real Good Food Company Inc (NASDAQ:RGF) trade information

After registering a 2.00% upside in the last session, Real Good Food Company Inc (RGF) has traded red over the past five days. The stock hit a weekly high of 0.3800, jumping 2.00% in its intraday price action. The 5-day price performance for the stock is -14.62%, and -4.37% over 30 days. With these gigs, the year-to-date price performance is -79.87%.

Real Good Food Company Inc (RGF) estimates and forecasts

Revenue is forecast to grow 57.00% this quarter before jumping 71.70% for the next one. The rating firms project that company’s revenue will grow 22.40% compared to the previous financial year.

Revenue forecast for the current quarter as set by 2 analysts is $52.6 million. Meanwhile, for the quarter ending Mar 2024, a total of 1 analyst(s) estimate revenue growth to $39.47 million.Earnings reports from the last fiscal year show that sales brought in $35.65 million and $26.12 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 47.50% before jumping 51.10% in the following quarter.

RGF Dividends

Real Good Food Company Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Real Good Food Company Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.