Edible Garden AG Inc (NASDAQ: EDBL) Surprised Bears, Looks Healthy Going Forward.

In the last trading session, 2.57 million Edible Garden AG Inc (NASDAQ:EDBL) shares changed hands as the company’s beta touched 1.39. With the company’s per share price at $0.22 changed hands at $0.0 or -0.92% during last session, the market valuation stood at $6.57M. EDBL’s last price was a discount, traded about -5568.18% off its 52-week high of $12.47. The share price had its 52-week low at $0.12, which suggests the last value was 45.45% up since then.

Edible Garden AG Inc (NASDAQ:EDBL) trade information

Instantly EDBL was in red as seen at the end of in last trading. With action 7.20%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -32.81%, with the 5-day performance at 7.20% in the green. However, in the 30-day time frame, Edible Garden AG Inc (NASDAQ:EDBL) is -21.28% down.

Edible Garden AG Inc (EDBL) estimates and forecasts

Year-over-year growth is forecast to reach 0.43% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 4.12M. 1 analysts are of the opinion that Edible Garden AG Inc’s revenue for the current quarter will be 3.89M. The company’s revenue for the corresponding quarters a year ago was 4.08M and 3.13M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 1.00%. The estimates for the next quarter sales put growth at 24.27%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 32.73%. The 2025 estimates are for Edible Garden AG Inc earnings to increase by 74.24%, but the outlook for the next 5-year period is at 86.25% per year.

EDBL Dividends

Edible Garden AG Inc is expected to release its next quarterly earnings report in March.