Real Good Food Company Inc (NASDAQ:RGF) At $0.49: What To Do?

In last trading session, Real Good Food Company Inc (NASDAQ:RGF) saw 4.58 million shares changing hands with its beta currently measuring 0.07. Company’s recent per share price level of $0.49 trading at $0.21 or 72.78% at ring of the bell on the day assigns it a market valuation of $9.69M. That closing price of RGF’s stock is at a discount of -963.27% from its 52-week high price of $5.21 and is indicating a premium of 57.14% from its 52-week low price of $0.21. Taking a look at company’s average trading volume volume of 373.20K if we extend that period to 3-months.

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

Upright in the green during last session for gaining 72.78%, in the last five days RGF remained trading in the green while hitting it’s week-highest on Wednesday, 05/01/24 when the stock touched $0.49 price level, adding 2.0% to its value on the day. Real Good Food Company Inc’s shares saw a change of -67.76% in year-to-date performance and have moved 96.00% in past 5-day. Real Good Food Company Inc (NASDAQ:RGF) showed a performance of 31.86% in past 30-days.

Real Good Food Company Inc (RGF) estimates and forecasts

The company is estimating its revenue growth to increase by 57.00% in the current quarter and calculating 71.70% increase in the next quarter. This year revenue growth is estimated to rise 22.40% from the last financial year’s standing.

2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $52.6 million for the same. And 1 analysts are in estimates of company making revenue of $39.47 million in the next quarter that will end on Mar 2024. Company posted $35.65 million and $26.12 million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 47.50% while estimating it to be 51.10% for the next quarter.

RGF Dividends

Real Good Food Company Inc is more likely to be releasing its next quarterly report in June and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.