Why Edible Garden Stock Is Growing
Why Edible Garden Stock Is Growing
Edible Garden AG Incorporated (NASDAQ:EDBL) shares are trading higher Monday after the company announced it regained compliance with the Nasdaq minimum bid price requirement.
The Details:
"We are pleased to have regained compliance with the bid price requirement of Nasdaq. Maintaining our Nasdaq listing is of the utmost importance to the Company given the credibility and visibility that it provides, and we view it as essential in our ongoing activities to enhance shareholder value and position the Company for long-term success. We remain optimistic about the future of our business, bolstered by our expanding retail network, diverse product line, and strict cost management," said Jim Kras, CEO of Edible Garden.
Edible Garden's stock ran more than 100% last week after the company reported a preliminary first-quarter year-over-year increase in produce revenues of 40% and an increase in cut herb revenue of more than 200% compared to the same period last year.
Related News: What's Going On With Nvidia's Stock?
Should I Sell My EDBL Stock?
When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.
Shares of Edible Garden have decreased by 82.39% in the past year. An investor who bought shares of Edible Garden at the beginning of the year would take a loss of $3.11 per share if they sold it today. The stock has risen 11.32% over the past month, meaning an investor who bought shares on March 1 would see a capital loss of $1.34.
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Edible Garden AG stock currently has an RSI of 29.75, indicating oversold conditions.
For access to advanced charting and analysis tools and stock data, check out Benzinga PRO. Try it for free.
EDBL Price Action: According to Benzinga Pro, Edible Garden shares are up 63.6% at $6.15 at the time of publication Monday.
Image: GrumpyBeere from Pixabay
Edible Garden AG Incorporated (NASDAQ:EDBL) shares are trading higher Monday after the company announced it regained compliance with the Nasdaq minimum bid price requirement.
Edible Garden AG Incorporated（納斯達克股票代碼：EDBL）週一股價走高，此前該公司宣佈恢復遵守納斯達克最低出價要求。
The Details:
細節：
"We are pleased to have regained compliance with the bid price requirement of Nasdaq. Maintaining our Nasdaq listing is of the utmost importance to the Company given the credibility and visibility that it provides, and we view it as essential in our ongoing activities to enhance shareholder value and position the Company for long-term success. We remain optimistic about the future of our business, bolstered by our expanding retail network, diverse product line, and strict cost management," said Jim Kras, CEO of Edible Garden.
“我們很高興恢復了對納斯達克投標價格要求的遵守。鑑於公司提供的信譽和知名度，維持我們在納斯達克的上市對公司至關重要，我們認爲這對於提高股東價值和爲公司取得長期成功做好準備的持續活動至關重要。在我們不斷擴大的零售網絡、多樣化的產品線和嚴格的成本管理的支持下，我們對業務的未來仍然持樂觀態度。” Edible Garden首席執行官吉姆·克拉斯說。
Edible Garden's stock ran more than 100% last week after the company reported a preliminary first-quarter year-over-year increase in produce revenues of 40% and an increase in cut herb revenue of more than 200% compared to the same period last year.
Edible Garden的股票上週上漲了100％以上，此前該公司報告稱，與去年同期相比，第一季度農產品收入初步同比增長40％，切成草藥收入增長了200％以上。
Related News: What's Going On With Nvidia's Stock?
相關新聞： 英偉達的股票怎麼了？
Should I Sell My EDBL Stock?
我應該賣出我的 EDBL 股票嗎？
When deciding to hold on to or sell a stock, investors should consider their time horizon, unrealized gains and total return.
在決定持有或出售股票時，投資者應考慮其時間範圍、未實現收益和總回報。
Shares of Edible Garden have decreased by 82.39% in the past year. An investor who bought shares of Edible Garden at the beginning of the year would take a loss of $3.11 per share if they sold it today. The stock has risen 11.32% over the past month, meaning an investor who bought shares on March 1 would see a capital loss of $1.34.
在過去的一年中，食用花園的股價下降了82.39％。年初購買了Edible Garden股票的投資者如果今天出售Edible Garden的股票，則每股虧損3.11美元。該股在過去一個月中上漲了11.32％，這意味着在3月1日購買股票的投資者將遭受1.34美元的資本損失。
Investors may also consider market dynamics. The Relative Strength Index can be used to indicate whether a stock is overbought or oversold. Edible Garden AG stock currently has an RSI of 29.75, indicating oversold conditions.
投資者也可以考慮市場動態。相對強弱指數可用於表明股票是超買還是超賣。Edible Garden AG股票目前的相對強弱指數爲29.75，這表明存在超賣情況。
For access to advanced charting and analysis tools and stock data, check out Benzinga PRO. Try it for free.
要訪問高級製圖和分析工具以及股票數據，請查看 Benzinga PRO。免費試用。
EDBL Price Action: According to Benzinga Pro, Edible Garden shares are up 63.6% at $6.15 at the time of publication Monday.
EDBL價格走勢：根據Benzinga Pro的數據，截至週一發佈時，Edible Garden的股價上漲了63.6％，至6.15美元。
Image: GrumpyBeere from Pixabay
圖片：來自 Pixabay 的 GrumpyBeere
譯文內容由第三人軟體翻譯。
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