Reeds Inc REED

$0.59 +0.10 (20.57%)

Valuation

Market cap
5,774,000
Revenue TTM
$34,070,000
Net income TTM
$-15,840,000
PE ratio
0.00
Forward PE
—
Profit margin
-46.49%
Debt to equity
-6.19

Trading

Volume
1,317,200
Avg volume
1,460,342
Day's range
$0.46 – $0.62
Shares out
11,857,000
Stochastic %K
35%
Beta
0.32
Analysts
Strong Buy
Price target
$4.75

Price

Company profile

Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States and the Asia-Pacific region. The company offers reed's craft ginger beer; reed's real ginger ales; reed's ready to drink; reed's functional soda; flying cauldron soda; and virgil's handcrafted sodas. It sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenien...

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Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States and the Asia-Pacific region. The company offers reed's craft ginger beer; reed's real ginger ales; reed's ready to drink; reed's functional soda; flying cauldron soda; 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 its website, Amazon, and third party e-commerce retailers; and Reed's and Virgil's brand names. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.

Industry
Beverages - Non-Alcoholic
Sector
Consumer Defensive
Phone
800 997 3337
Website
https://drinkreeds.com
Address
501 Merritt 7 Corporate Park, Norwalk, United States

Latest news

Stocktwits

VintageCrow Oct 24, 6:51 AM
Keep a close watch on ticker ICMB Strong close Friday, getting ready for a upward rally as small cap starts to heat up! ICMB: ✅Total assets: $161.4MILLION ✅Investment portfolio, at fair value: $135.9 Million ✅Net assets: $49.7 Million ✅Net Asset value per share: $3.44 💎Company has 17m market cap vs $161M assets and absolutely no dilution filings whatsoever, It's trading at a steep discount to NAV and is cashflow positive. $STEX $NIVF $SAIH $QSI $REED :)
0 replies
StockScanners Oct 24, 1:05 AM
$REED keep watch if this holds above .48
0 replies
topstockalerts Oct 23, 8:05 PM
$REED not chasing, but definitely respecting the move
0 replies
Dickman777 Oct 23, 7:48 PM
$REED 🧐🧐🤑🤑
0 replies
Dickman777 Oct 23, 6:18 PM
$CJMB and $REED lfg!!
0 replies
Dickman777 Oct 23, 2:40 PM
$REED 👁️ told 🫵🏼 lfg!!
0 replies
Dickman777 Oct 23, 2:30 PM
$REED volume picking up here..
1 replies
Dickman777 Oct 23, 2:24 PM
$REED remember this??? I told you all!!
0 replies