Reeds, Inc. (REED, Financial), traded on the U.S. OTC market, saw a significant stock price drop of 5.43%, reaching $1.22 per share. The trading volume stood at 545 shares with a turnover rate of 0.01% and no apparent price fluctuations at the time of reporting.
The latest financial reports reveal that Reeds, Inc. achieved a revenue of $11.87 million but reported a net loss of $3.21 million, translating to an earnings per share of -$0.77. The company also reported a gross profit of $3.83 million, with a price-to-earnings ratio of -0.41. Notably, all rating institutions that participated in evaluating the stock recommend buying, with no hold or sell suggestions.
Within the soft drink sector on the U.S. OTC market, the overall decline was 0.07%. Among related stocks, Celsius Holdings, Inc., Safety Shot, Inc., and Zevia Pbc showed significant gains. Celsius Holdings, Inc., Primo Water Corporation, and Pepper Doctor Group were notably active, with turnover rates of 8.75%, 0.57%, and 0.29% respectively. Stocks with considerable amplitude included Barfresh Food Group Inc., Celsius Holdings, Inc., and Safety Shot, Inc., showing volatility of 14.31%, 9.47%, and 6.40% respectively.
