Edible Garden AG Inc (NASDAQ:EDBL)’s traded shares stood at 3.26 million during the last session, with the company’s beta value hitting 1.39. At the close of trading, the stock’s price was $0.17, to imply a decrease of -16.67% or -$0.03 in intraday trading. The EDBL share’s 52-week high remains $12.47, putting it -7235.29% down since that peak but still an impressive 29.41% since price per share fell to its 52-week low of $0.12.
Edible Garden AG Inc (NASDAQ:EDBL) trade information
After registering a -16.67% downside in the last session, Edible Garden AG Inc (EDBL) has traded red over the past five days. The 5-day price performance for the stock is -27.13%, and -34.64% over 30 days. With these gigs, the year-to-date price performance is -47.12%.
Edible Garden AG Inc (EDBL) estimates and forecasts
The rating firms project that company’s revenue will grow 0.43% compared to the previous financial year.
Revenue forecast for the current quarter as set by 1 analysts is 4.12M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 3.89M.Earnings reports from the last fiscal year show that sales brought in 4.08M and 3.13M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 1.00% before jumping 24.27% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 32.73% for the past 5-year period. While 2025 is set for a 74.24% return in earnings, projections for the next 5 years are at 86.25% annually.
EDBL Dividends
Edible Garden AG Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
We also have Fidelity Extended Market Index Fund and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Edible Garden AG Inc (EDBL) shares. Going by data provided on Dec 31, 2024 , Fidelity Extended Market Index Fund holds roughly 15.16 shares. This is just over 0.05% of the total shares, with a market valuation of $2576.0. Data from the same date shows that the other fund manager holds a little less at 1.77, or 0.01% of the shares, all valued at about 300.0.
