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Edible Garden NasdaqCM:EDBL Stock Report

Last Price

US$5.25

Market Cap

US$1.7m

7D

-21.4%

1Y

-84.8%

Updated

15 Apr, 2024

Data

Company Financials +

Edible Garden AG Incorporated

NasdaqCM:EDBL Stock Report

Market Cap: US$1.7m

Edible Garden AG Incorporated Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Edible Garden
Historical stock prices
Current Share PriceUS$5.25
52 Week HighUS$89.60
52 Week LowUS$4.32
Beta0
1 Month Change-22.11%
3 Month Change-47.79%
1 Year Change-84.83%
3 Year Changen/a
5 Year Changen/a
Change since IPO-99.70%

Recent News & Updates

Edible Garden AG Incorporated (NASDAQ:EDBL) Might Not Be As Mispriced As It Looks After Plunging 29%

Mar 26
Edible Garden AG Incorporated (NASDAQ:EDBL) Might Not Be As Mispriced As It Looks After Plunging 29%

Recent updates

Edible Garden AG Incorporated (NASDAQ:EDBL) Might Not Be As Mispriced As It Looks After Plunging 29%

Mar 26
Edible Garden AG Incorporated (NASDAQ:EDBL) Might Not Be As Mispriced As It Looks After Plunging 29%

A Piece Of The Puzzle Missing From Edible Garden AG Incorporated's (NASDAQ:EDBL) 27% Share Price Climb

Dec 22
A Piece Of The Puzzle Missing From Edible Garden AG Incorporated's (NASDAQ:EDBL) 27% Share Price Climb

Analysts Have Been Trimming Their Edible Garden AG Incorporated (NASDAQ:EDBL) Price Target After Its Latest Report

Mar 25
Analysts Have Been Trimming Their Edible Garden AG Incorporated (NASDAQ:EDBL) Price Target After Its Latest Report

Shareholder Returns

EDBLUS FoodUS Market
7D-21.4%-3.3%-3.1%
1Y-84.8%-14.5%20.9%

Return vs Industry: EDBL underperformed the US Food industry which returned -14.9% over the past year.

Return vs Market: EDBL underperformed the US Market which returned 22.4% over the past year.

Price Volatility

Is EDBL's price volatile compared to industry and market?
EDBL volatility
EDBL Average Weekly Movement11.4%
Food Industry Average Movement4.9%
Market Average Movement6.1%
10% most volatile stocks in US Market16.7%
10% least volatile stocks in US Market3.0%

Stable Share Price: EDBL's share price has been volatile over the past 3 months.

Volatility Over Time: EDBL's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
2020120Jim Kraswww.ediblegarden.com

Edible Garden AG Incorporated, together with its subsidiaries, operate as a controlled environment agriculture farming company. It offers various packaged products, including cilantro, rosemary, mint, thyme, oregano, bay leaves, chives, poultry mix, sage, dill, buttercrunch living lettuce, basil, living butterhead lettuce, basil, parsley, arugula spring mix, baby arugula blend, baby romaine, and crisp ranch and Caesar salad kits. The company sells its products to various regional and national supermarkets.

Edible Garden AG Incorporated Fundamentals Summary

How do Edible Garden's earnings and revenue compare to its market cap?
EDBL fundamental statistics
Market capUS$1.72m
Earnings (TTM)-US$10.19m
Revenue (TTM)US$14.05m

0.1x

P/S Ratio

-0.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EDBL income statement (TTM)
RevenueUS$14.05m
Cost of RevenueUS$13.23m
Gross ProfitUS$822.00k
Other ExpensesUS$11.01m
Earnings-US$10.19m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)-33.76
Gross Margin5.85%
Net Profit Margin-72.52%
Debt/Equity Ratio-1,537.2%

How did EDBL perform over the long term?

See historical performance and comparison
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