Is Real Good Food Company Inc (NASDAQ: RGF) Still A Buy After A 0.23% Weekly Jump?

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During the last session, Real Good Food Company Inc (NASDAQ:RGF)’s traded shares were 0.57 million, with the beta value of the company hitting 0.52. At the end of the trading day, the stock’s price was $0.43, reflecting an intraday gain of 31.90% or $0.1. The 52-week high for the RGF share is $4.00, that puts it down -830.23 from that peak though still a striking 51.16% gain since the share price plummeted to a 52-week low of $0.21. The company’s market capitalization is $8.50M, and the average intraday trading volume over the past 10 days was 82860.0 shares, and the average trade volume was 93.27K shares over the past three months.

Real Good Food Company Inc (RGF) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.00. RGF has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.

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

Real Good Food Company Inc (RGF) registered a 31.90% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 31.90% in intraday trading to $0.43, hitting a weekly high. The stock’s 5-day price performance is 0.23%, and it has moved by -4.23% in 30 days. Based on these gigs, the overall price performance for the year is -88.83%. The short interest in Real Good Food Company Inc (NASDAQ:RGF) is 0.21 million shares and it means that shorts have 1.9 day(s) to cover.

Real Good Food Company Inc (RGF) estimates and forecasts

In the rating firms’ projections, revenue will increase 22.40% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 52.6M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 39.47M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 35.65M and 26.12M respectively. In this case, analysts expect current quarter sales to grow by 47.50% and then jump by 51.10% in the coming quarter.

RGF Dividends

Real Good Food Company Inc is due to release its next quarterly earnings on 2023-Nov-10. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Real Good Food Company Inc (NASDAQ:RGF)’s Major holders

Real Good Food Company Inc insiders own 4.88% of total outstanding shares while institutional holders control 33.57%, with the float percentage being 35.30%. FMR LLC is the largest shareholder of the company, while 32.0 institutions own stock in it. As of 2024-06-30, the company held over 2.59 million shares (or 29.1588% of all shares), a total value of $1.3 million in shares.

The next largest institutional holding, with 0.94 million shares, is of B. RILEY FINANCIAL, INC.’s that is approximately 10.5903% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.47 million.