Will Edible Garden AG Inc (NASDAQ: EDBL) Stock Boom Or Bust From Here?

During the last session, Edible Garden AG Inc (NASDAQ:EDBL)’s traded shares were 0.83 million, with the beta value of the company hitting 1.85. The 52-week high for the EDBL share is $13.40, that puts it down -6280.95 from that peak though still a striking 9.52% gain since the share price plummeted to a 52-week low of $0.19. The company’s market capitalization is $0.68M, and the average intraday trading volume over the past 10 days was 1.82 million shares, and the average trade volume was 759.24K shares over the past three months.

Edible Garden AG Inc (NASDAQ:EDBL) trade information

Edible Garden AG Inc (EDBL) registered a 4.47% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 4.47% in intraday trading to $0.21, hitting a weekly high. The stock’s 5-day price performance is 0.14%, and it has moved by -77.39% in 30 days. Based on these gigs, the overall price performance for the year is -98.12%. The short interest in Edible Garden AG Inc (NASDAQ:EDBL) is 0.24 million shares and it means that shorts have 0.52 day(s) to cover.

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An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 32.73%. While earnings are projected to return 74.94% in 2024.

EDBL Dividends

Edible Garden AG Inc is due to release its next quarterly earnings on 2024-Nov-13. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Edible Garden AG Inc (NASDAQ:EDBL)’s Major holders

Edible Garden AG Inc insiders own 10.23% of total outstanding shares while institutional holders control 0.43%, with the float percentage being 0.48%.