Edible Garden Reports 157 percent Increase in Gross Profit Fueled by Year-over-Year Growth of 61 percent in Cut Herbs and 30 percent in Vitamins Supplements for the Second Quarter of 2024
| EDBLW Stock | USD 0.06 0.01 14.29% |
Slightly above 60% of Edible Garden's investor base is looking to short. The analysis of overall sentiment of trading Edible Garden AG stock suggests that many investors are alarmed at this time. Edible Garden's investing sentiment can be driven by a variety of factors including economic data, Edible Garden's earnings reports, geopolitical events, and overall market trends.
Edible |
Gross Margin Increases to 36.7 percent in Q2 2024, Up from 13.1 percent in Q2 2023 Strategic Pivot Away from Third-Party Growers Contributes to More than 26 percent Decline in Cost of Goods Sold Conference Call to Be Held Today at 800 am
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Edible Garden Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Edible Garden can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Edible Garden Fundamental Analysis
We analyze Edible Garden's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Edible Garden using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Edible Garden based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Return On Equity
Return On Equity Comparative Analysis
Edible Garden is currently under evaluation in return on equity category among its peers. Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Edible Garden AG Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Edible Garden stock to make a market-neutral strategy. Peer analysis of Edible Garden could also be used in its relative valuation, which is a method of valuing Edible Garden by comparing valuation metrics with similar companies.
Peers
Edible Garden Related Equities
| ARRT | Artisan Consumer | 80.77 | ||||
| AVSFY | Avi | 0.00 | ||||
| CENTA | Central Garden | 0.18 | ||||
| ACOPY | A2 Milk | 2.32 |
Additional Tools for Edible Stock Analysis
When running Edible Garden's price analysis, check to measure Edible Garden's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Edible Garden is operating at the current time. Most of Edible Garden's value examination focuses on studying past and present price action to predict the probability of Edible Garden's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Edible Garden's price. Additionally, you may evaluate how the addition of Edible Garden to your portfolios can decrease your overall portfolio volatility.