Reeds, Inc. (REED, Financial), trading on the US OTC market, experienced a notable stock price increase of 6.19%. The stock is currently priced at $1.33 per share, with a trading volume of 133 shares. Despite this rise, the turnover rate and amplitude remained flat at 0.00%.
In its latest financial report, Reeds, Inc. reported $11.87 million in revenue, with a net loss of $3.21 million. The earnings per share stood at -$0.77, and the gross profit was $3.83 million. The price-to-earnings (P/E) ratio is at -0.42, indicating financial challenges.
Currently, there are no institutional ratings available regarding buying, holding, or selling recommendations for REED stock. Within the soft drink sector of the US OTC market, where Reeds, Inc. operates, there is an overall industry growth of 0.44%.
Among other notable performers in the industry, The Vita Coco Company, Inc., Embotelladora Andina Sa, and Safety Shot, Inc. showed significant price increases. Additionally, companies like The Vita Coco Company, Inc., Celsius Holdings, Inc., and Safety Shot, Inc. showed higher trading activity with turnover rates of 1.59%, 1.25%, and 0.49%, respectively. The stocks with the most significant price fluctuations include The Vita Coco Company, Inc. with an amplitude of 11.32%, Barfresh Food Group Inc. at 9.89%, and Zevia Pbc at 7.64%.
