Real Good Food Company Inc (NASDAQ: RGF) Shares Are Heading Higher

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In today’s recent session, 0.43 million shares of the Real Good Food Company Inc (NASDAQ:RGF) have been traded, and its beta is 0.34. Most recently the company’s share price was $0.33, and it changed around $0.01 or 1.59% from the last close, which brings the market valuation of the company to $11.43M. RGF at last check was trading at a discount to its 52-week high of $1.63, offering almost -393.94% off that amount. The share price’s 52-week low was $0.20, which indicates that the recent value has risen by an impressive 39.39% since then. We note from Real Good Food Company Inc’s average daily trading volume that its 10-day average is 0.47 million shares, with the 3-month average coming to 206.63K.

Real Good Food Company Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended RGF as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Real Good Food Company Inc is expected to report earnings per share of 0 for the current quarter.

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

Instantly RGF has been showing a green trend so far today with a performance of 1.59% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.3688 on recent trading dayincreased the stock’s daily price by 10.52%. The company’s shares are currently down -78.55% year-to-date, but still up 38.66% over the last five days. On the other hand, Real Good Food Company Inc (NASDAQ:RGF) is 25.14% up in the 30-day period. We can see from the shorts that 0.11 million shares have been sold at a short interest cover period of 0.76 day(s).

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

Upon looking at major shareholders, it appears that insiders hold 5.43% of Real Good Food Company Inc shares, and 29.80% of them are in the hands of institutional investors. The stock currently has a share float of 31.51%. Real Good Food Company Inc stock is held by 25.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 29.1588% of the shares, which is about 2.59 million shares worth $1.3 million.

B. RILEY FINANCIAL, INC., with 10.5903% or 0.94 million shares worth $0.47 million as of 2024-06-30, holds the second largest percentage of outstanding shares.