Logo image of REED

REED'S INC (REED) Stock Price, Quote, News and Overview

NASDAQ:REED - Nasdaq - US7583383051 - Common Stock - Currency: USD

3.24  -0.19 (-5.54%)

After market: 3.37 +0.13 (+4.01%)

REED Quote, Performance and Key Statistics

REED'S INC

NASDAQ:REED (2/15/2023, 8:19:32 PM)

After market: 3.37 +0.13 (+4.01%)

3.24

-0.19 (-5.54%)

Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
GICS IndustryGroupFood, Beverage & Tobacco
GICS SubIndustrySoft Drinks & Non-alcoholic Beverages
Statistics
52 Week High21.5
52 Week Low2.41
Market Cap8.17M
Shares2.52M
Float2.27M
Yearly DividendN/A
Dividend YieldN/A
PEN/A
Fwd PEN/A
Earnings (Next)03-29 2023-03-29/amc
IPO12-29 2006-12-29


REED short term performance overview.The bars show the price performance of REED in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -20 -40 -60

REED long term performance overview.The bars show the price performance of REED in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60

The current stock price of REED is 3.24 USD. In the past month the price decreased by -28%. In the past year, price decreased by -76%.

REED'S INC / REED Daily stock chart

REED Competitors/Peers

The largest stocks on the US markets in the "Soft Drinks & Non-alcoholic Beverages" sub-industry
Full List
Symbol
Name
TA
FA
PE
Market Cap
KO COCA-COLA CO/THE 24.77 306.95B
PEP PEPSICO INC 18.81 210.53B
MNST MONSTER BEVERAGE CORP 32.92 51.54B
KDP KEURIG DR PEPPER INC 18.01 46.17B
CCEP COCA-COLA EUROPACIFIC PARTNE 27.11 40.24B
FMX FOMENTO ECONOMICO MEX-SP ADR 4.15 31.99B
AKO.B EMBOTELLADORA ANDINA-ADR B N/A 19.04B
KOF COCA-COLA FEMSA SAB-SP ADR 22.04 18.57B
AKO.A EMBOTELLADORA ANDINA-ADR A N/A 13.96B
COKE COCA-COLA CONSOLIDATED INC 18.45 12.11B
CELH CELSIUS HOLDINGS INC 47.28 7.67B
FIZZ NATIONAL BEVERAGE CORP 20.44 3.81B

About REED

Company Profile

REED logo image Reed's Inc is a US-based company operating in Beverages industry. The company is headquartered in Norwalk, Connecticut and currently employs 31 full-time employees. The company went IPO on 2006-12-29. Reed's Inc. owns a portfolio of handcrafted, all-natural beverages, which sells in approximately 45,000 outlets nationwide. These outlets include the natural and specialty food channel, grocery stores, mass merchants, drug stores, convenience stores, club stores and on-premises locations, including bars and restaurants. The Company’s brands include Reeds Craft Ginger Beer and Reed’s Real Ginger Ale, and Virgil’s Handcrafted soda. The firm's products include Reeds Original Ginger Beer, Reeds Premium Ginger Beer, Reeds Extra Ginger Beer, Reeds Strongest Ginger Beer, Reeds Zero Sugar Extra Ginger Beer, Reeds Real Ginger Ale, Reeds Zero Sugar Real Ginger Ale, Reeds Zero Sugar Classic Mule, Reeds Wellness Ginger Shots, as well as Virgil’s Handcrafted Sodas includes Handcrafted Line and Zero Sugar Line. Reeds Craft Ginger Beers consists of fresh ginger root combined with a Jamaican inspired recipe of natural spices, honey and fruit juices.

Company Info

REED'S INC

201 Merritt 7 Corporate Park,

Norwalk CONNECTICUT 06851 US

CEO: Norman E. Snyder

Employees: 31

Company Website: https://www.drinkreeds.com/

Phone: 18009973337.0

REED'S INC / REED FAQ

What is the stock price of REED'S INC today?

The current stock price of REED is 3.24 USD. The price decreased by -5.54% in the last trading session.


What is the ticker symbol for REED'S INC stock?

The exchange symbol of REED'S INC is REED and it is listed on the Nasdaq exchange.


On which exchange is REED stock listed?

REED stock is listed on the Nasdaq exchange.


What is the price forecast or stock price prediction for REED'S INC stock?

8 analysts have analysed REED and the average price target is 0.77 USD. This implies a price decrease of -76.39% is expected in the next year compared to the current price of 3.24. Check the REED'S INC stock analysts ratings, price target forecast and up-and down grades for more detailed information.


What is REED'S INC worth?

REED'S INC (REED) has a market capitalization of 8.17M USD. This makes REED a Nano Cap stock.


How many employees does REED'S INC have?

REED'S INC (REED) currently has 31 employees.


What are the support and resistance levels for REED'S INC (REED) stock?

REED'S INC (REED) has a resistance level at 3.66. Check the full technical report for a detailed analysis of REED support and resistance levels.


Is REED'S INC (REED) expected to grow?

The Revenue of REED'S INC (REED) is expected to grow by 8.83% in the next year. Check the estimates tab for more information on the REED EPS, Sales, EBIT and EBITDA future analyst estimates.


Should I buy REED'S INC (REED) stock?

There is no straightforward answer here. It depends on your investment strategy as different types of investors will look at different aspects. In any case it is important to make an informed decision and these pages can help you forming an opinion:


Does REED'S INC (REED) stock pay dividends?

REED does not pay a dividend.


When does REED'S INC (REED) report earnings?

REED'S INC (REED) will report earnings on 2023-03-29, after the market close.


What is the Price/Earnings (PE) ratio of REED'S INC (REED)?

REED'S INC (REED) does not have a PE ratio as the earnings reported over the last twelve months were negative (-6.55).


What is the Short Interest ratio of REED'S INC (REED) stock?

The outstanding short interest for REED'S INC (REED) is 0.19% of its float. Check the ownership tab for more information on the REED short interest.


REED Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

REED Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to REED. REED has a bad profitability rating. Also its financial health evaluation is rather negative.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

REED Financial Highlights

Over the last trailing twelve months REED reported a non-GAAP Earnings per Share(EPS) of -6.55. The EPS decreased by -3993.75% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA N/A
ROE N/A
Debt/Equity N/A
Chartmill High Growth Momentum
EPS Q2Q%-3650%
Sales Q2Q%-9.76%
EPS 1Y (TTM)-3993.75%
Revenue 1Y (TTM)6.9%

REED Ownership and Analysts

ChartMill assigns a Buy % Consensus number of 80% to REED. The Buy consensus is the average rating of analysts ratings from 8 analysts.

For the next year, analysts expect an EPS growth of 10% and a revenue growth 8.83% for REED


Ownership
Inst OwnersN/A
Ins Owners426.61%
Short Float %0.19%
Short Ratio0
Analysts
Analysts80
Price Target0.77 (-76.23%)
EPS Next Y10%
Revenue Next Year8.83%