Growth Story Still Intact For Edible Garden AG Inc (EDBL)

Edible Garden AG Inc (EDBL) concluded trading on Thursday at a closing price of $0.17, with 3.26 million shares of worth about $0.55 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -85.59% during that period and on February 27, 2025 the price saw a loss of about -16.67%. Currently the company’s common shares owned by public are about 18.91M shares, out of which, 18.88M shares are available for trading.

Stock saw a price change of -27.13% in past 5 days and over the past one month there was a price change of -34.64%. Year-to-date (YTD), EDBL shares are showing a performance of -47.12% which decreased to -98.01% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.12 but also hit the highest price of $12.47 during that period. The average intraday trading volume for Edible Garden AG Inc shares is 18.43 million. The stock is currently trading -17.40% below its 20-day simple moving average (SMA20), while that difference is down -30.01% for SMA50 and it goes to -79.86% lower than SMA200.

Edible Garden AG Inc (NASDAQ: EDBL) currently have 18.91M outstanding shares and institutions hold larger chunk of about 5.66% of that.

The stock has a current market capitalization of $5.17M and its 3Y-monthly beta is at 1.39. It has posted earnings per share of -$30.38 in the same period. It has Quick Ratio of 0.81 while making debt-to-equity ratio of 0.65. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for EDBL, volatility over the week remained 13.08% while standing at 15.82% over the month.

Stock’s fiscal year EPS is expected to rise by 74.24% while it is estimated to increase by 97.16% in next year. EPS is likely to grow at an annualized rate of 86.25% for next 5-years, compared to annual growth of 32.73% made by the stock over the past 5-years.

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