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Reed's, Inc is currently in a long term uptrend where the price is trading 3.2% above its 200 day moving average.
From a valuation standpoint, the stock is 99.0% cheaper than other stocks from the Consumer Defensive sector with a price to sales ratio of 1.7.
Reed's, Inc's total revenue rose by 49.3% to $11M since the same quarter in the previous year.
Its net income has increased by 99.9% to $-3K since the same quarter in the previous year.
Finally, its free cash flow grew by 22.8% to $-3M since the same quarter in the previous year.
Based on the above factors, Reed's, Inc gets an overall score of 5/5.
Exchange | OTCQX |
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CurrencyCode | USD |
ISIN | US7583381071 |
Sector | Consumer Defensive |
Industry | Beverages - Non-Alcoholic |
Target Price | 2 |
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Beta | 0.49 |
PE Ratio | None |
Market Cap | 77M |
Dividend Yield | None |
Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States. The company offers Reed's craft ginger beer; Reed's real ginger ales; Reed's Classic Mules; Reed's Hard Ginger Ale; Reed's ready to drink products; and Virgil's handcrafted sodas. It sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars and restaurants, as well as directly to consumers through www.drinkreeds.com. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. The company was founded in 1987 and is headquartered in Norwalk, Connecticut.
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