Edible Garden Ag Stock Today
| EDBL Stock | USD 0.16 0.02 14.29% |
Performance0 of 100
| Odds Of DistressOver 81
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Edible Garden is selling for 0.16 as of the 24th of November 2024. This is a 14.29 percent increase since the beginning of the trading day. The stock's lowest day price was 0.15. Edible Garden has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for Edible Garden AG are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 4th of January 2023 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Food, Beverage & Tobacco | IPO Date 5th of May 2022 | Category Consumer Defensive | Classification Consumer Staples |
Edible Garden AG Incorporated and its subsidiaries operate as a controlled environment agriculture farming company. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey. Edible Garden is traded on NASDAQ Exchange in the United States. The company has 18.91 M outstanding shares of which 303.5 K shares are currently shorted by private and institutional investors with about 0.03 trading days to cover. More on Edible Garden AG
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Edible Stock Highlights
| President CEO | James Kras | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Agriculture (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Packaged Foods & Meats, Food, Beverage & Tobacco, Consumer Defensive, NASDAQ Composite, Agriculture, Consumer Staples, Food Products, Farm Products, Consumer Defensive (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsEdible Garden can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Edible Garden's financial leverage. It provides some insight into what part of Edible Garden's total assets is financed by creditors.
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Edible Garden AG (EDBL) is traded on NASDAQ Exchange in USA. It is located in 283 County Road 519, Belvidere, NJ, United States, 07823 and employs 116 people. Edible Garden is listed under Packaged Foods & Meats category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a current market capitalization of 3.03 M. Edible Garden AG conducts business under Food Products sector and is part of Consumer Staples industry. The entity has 18.91 M outstanding shares of which 303.5 K shares are currently shorted by private and institutional investors with about 0.03 trading days to cover.
Edible Garden AG currently holds about 5.7 M in cash with (8.53 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.66, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
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Ownership AllocationEdible Garden holds a total of 18.91 Million outstanding shares. Edible Garden AG shows 10.2 percent of its outstanding shares held by insiders and 2.42 percent owned by other corporate entities. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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Edible Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Armistice Capital, Llc | 2024-09-30 | 370 K | |
| Geode Capital Management, Llc | 2024-09-30 | 15.2 K | |
| Bank Of Montreal | 2024-06-30 | 10 K | |
| Bmo Capital Markets Corp. | 2024-06-30 | 10 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 7.3 K | |
| Ubs Group Ag | 2024-06-30 | 3.4 K | |
| Tower Research Capital Llc | 2024-06-30 | 3 K | |
| Advisor Group Holdings, Inc. | 2024-06-30 | 2.0 | |
| Bank Of America Corp | 2024-06-30 | 2.0 | |
| Citadel Advisors Llc | 2024-06-30 | 0.0 |
Edible Garden Historical Income Statement
Edible Stock Against Markets
Edible Garden Corporate Management
| Michael James | Treasurer, CFO | Profile | |
| Kostas Dafoulas | Interim Officer | Profile | |
| Amanda Caton | Head Grower | Profile | |
| Scott Prendergrast | Chief Officer | Profile | |
| Scott Prendergast | Chief Officer | Profile | |
| Chanida Curnutt | Senior Compliance | Profile |
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 Fundamental Analysis module to view fundamental data based on most recent published financial statements.
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.