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NYSE:REED

Reed's (REED) Stock Price, News & Analysis

Reed's logo
$0.67 0.00 (0.00%)
(As of 12/24/2024 02:38 PM ET)

About Reed's Stock (NYSE:REED)

Key Stats

Today's Range
$0.64
$0.67
50-Day Range
$0.59
$1.33
52-Week Range
$0.51
$2.42
Volume
2,737 shs
Average Volume
4,916 shs
Market Capitalization
$5.49 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.

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REED Stock News Headlines

Reed's (NYSE:REED) Coverage Initiated at StockNews.com
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REED Stock Analysis - Frequently Asked Questions

Reed's' stock was trading at $1.60 at the beginning of 2024. Since then, REED shares have decreased by 58.1% and is now trading at $0.67.
View the best growth stocks for 2024 here
.

Reed's, Inc. (NYSE:REED) announced its earnings results on Thursday, June, 1st. The company reported ($1.70) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.02) by $0.68. The company earned $11.16 million during the quarter, compared to analyst estimates of $14.12 million.

Shares of REED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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Based on aggregate information from My MarketBeat watchlists, some other companies that Reed's investors own include Taiwan Semiconductor Manufacturing (TSM), Adobe (ADBE), Tenet Healthcare (THC), UroGen Pharma (URGN), Adverum Biotechnologies (ADVM), Advanced Micro Devices (AMD) and Arista Networks (ANET).

Company Calendar

Last Earnings
6/01/2023
Today
12/25/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Bottled & canned soft drinks
Sub-Industry
Candy & Soda
Employees
30
Year Founded
N/A

Profitability

Net Income
$-15,520,000.00
Pretax Margin
-39.16%

Debt

Sales & Book Value

Annual Sales
$50.78 million
Book Value
($4.62) per share

Miscellaneous

Free Float
4,364,000
Market Cap
$5.49 million
Optionable
Not Optionable
Beta
0.96
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This page (NYSE:REED) was last updated on 12/25/2024 by MarketBeat.com Staff
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