Edible Garden Ag Stock Price on November 25, 2024

EDBL Stock  USD 0.17  0.01  6.25%   
If you're considering investing in Edible Stock, it is important to understand the factors that can impact its price. As of today, the current price of Edible Garden stands at 0.17, as last reported on the 30th of November, with the highest price reaching 0.18 and the lowest price hitting 0.16 during the day. Edible Garden AG secures Sharpe Ratio (or Efficiency) of -0.28, which denotes the company had a -0.28% return per unit of risk over the last 3 months. Edible Garden AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Edible Garden's Variance of 73.52, mean deviation of 6.14, and Standard Deviation of 8.57 to check the risk estimate we provide.
  
At this time, Edible Garden's Common Stock Shares Outstanding is quite stable compared to the past year. Stock Based Compensation is expected to rise to about 56.1 K this year, although the value of Total Stockholder Equity will most likely fall to (302.4 K). . The value of Price To Sales Ratio is estimated to slide to 0.12. The value of Price Earnings Ratio is estimated to slide to -0.18. Edible Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2795

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Estimated Market Risk

 8.76
  actual daily
78
78% of assets are less volatile

Expected Return

 -2.45
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.28
  actual daily
0
Most of other assets perform better
Based on monthly moving average Edible Garden is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Edible Garden by adding Edible Garden to a well-diversified portfolio.
Price Book
0.985
Enterprise Value Ebitda
(0.50)
Price Sales
0.2173
Shares Float
2.3 M
Wall Street Target Price
0.5

Related Headline

Local Bounti Headline on 25th of November 2024

Profitability This table compares Local Bounti and Lendways net margins, return on equity and return on assets. Net Margins Return on Equity Return on Assets Local Bounti -427.08 percent -1,095.76 percent -35.86 percent Lendway NA -21.56 percent -4.32 percent Insider Institutional Ownership 28.0 percent of Local Bounti shares are held by institutional investors. Comparatively, 6.6 percent of Lendway shares are held

Edible Garden Valuation on November 25, 2024

It is possible to determine the worth of Edible Garden on a given historical date. On November 25, 2024 Edible was worth 0.16 at the beginning of the trading date compared to the closed value of 0.15. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Edible Garden stock. Still, in general, we apply an absolute valuation method to find Edible Garden's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Edible Garden where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Edible Garden's related companies.
 Open High Low Close Volume
  0.15    0.17    0.15    0.16    759,828  
11/25/2024
  0.16    0.17    0.15    0.15    1,426,977  
  0.15    0.16    0.15    0.16    1,020,907  
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Open Value
0.16
0.15
Closing Value
26.44
Upside

Edible Garden Trading Date Momentum on November 25, 2024

On November 26 2024 Edible Garden AG was traded for  0.16  at the closing time. The top price for the day was 0.16  and the lowest listed price was  0.15 . The trading volume for the day was 1 M. The trading history from November 26, 2024 was a factor to the next trading day price upswing. The overall trading delta against the next closing price was 6.67% . The overall trading delta against the current closing price is 20.00% .

Edible Garden AG Fundamentals Correlations and Trends

By evaluating Edible Garden's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Edible Garden's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Edible financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Edible Garden Stock history

Edible Garden investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Edible is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Edible Garden AG will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Edible Garden stock prices may prove useful in developing a viable investing in Edible Garden
Last ReportedProjected for Next Year
Common Stock Shares Outstanding170 K178.5 K
Net Loss-5 M-5.2 M

Edible Garden Stock Technical Analysis

Edible Garden technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Edible Garden technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Edible Garden trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Edible Garden Period Price Range

Low
November 30, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Edible Garden AG cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Edible Garden November 30, 2024 Market Strength

Market strength indicators help investors to evaluate how Edible Garden stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Edible Garden shares will generate the highest return on investment. By undertsting and applying Edible Garden stock market strength indicators, traders can identify Edible Garden AG entry and exit signals to maximize returns

Edible Garden Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Edible Garden's price direction in advance. Along with the technical and fundamental analysis of Edible Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Edible to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Edible Garden AG is a strong investment it is important to analyze Edible Garden's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Edible Garden's future performance. For an informed investment choice regarding Edible Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Edible Garden AG. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics.
You can also try the Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
Is Packaged Foods & Meats space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Edible Garden. If investors know Edible will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Edible Garden listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(18.61)
Revenue Per Share
21.628
Quarterly Revenue Growth
0.011
Return On Assets
(0.58)
Return On Equity
(6.03)
The market value of Edible Garden AG is measured differently than its book value, which is the value of Edible that is recorded on the company's balance sheet. Investors also form their own opinion of Edible Garden's value that differs from its market value or its book value, called intrinsic value, which is Edible Garden's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Edible Garden's market value can be influenced by many factors that don't directly affect Edible Garden's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Edible Garden's value and its price as these two are different measures arrived at by different means. Investors typically determine if Edible Garden is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Edible Garden's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.