Reeds, Inc. (REED, Financial), trading on the U.S. OTC market, experienced a significant stock price decline of 5.84%, bringing it to $1.21 per share. The current trading volume is 2,089 shares, with a turnover rate of 0.03% and a price fluctuation of 3.89%.
According to its latest financial report, Reeds, Inc. recorded a revenue of $11.87 million but had a net loss of $3.21 million, resulting in an earnings per share (EPS) of -$0.77 and a gross profit of $3.83 million. The company's price-to-earnings (P/E) ratio stands at -0.41. Of the institutions rating the stock, 100% have issued a buy recommendation, with no hold or sell suggestions.
Within the soft drink sector, the overall decline was 0.10%. Competitors such as Safety Shot, Inc., Barfresh Food Group Inc., and Zevia Pbc reported notable gains. Moreover, Celsius Holdings, Inc., Safety Shot, Inc., and Barfresh Food Group Inc. showed active trading with turnover rates of 1.55%, 1.11%, and 0.39%, respectively. Safety Shot, Inc., Barfresh Food Group Inc., and Zevia Pbc saw significant fluctuations in their stock prices, with amplitudes of 19.64%, 13.64%, and 3.77%, respectively.
