Reeds, Inc. (REED, Financial), listed on the U.S. OTC market, recently saw a significant stock price drop of 6.00%. The stock is currently priced at $0.588 per share with a trading volume of 476 shares, reflecting a turnover rate of 0.00% and a price fluctuation of 6.00%.
According to the latest financial reports, Reeds, Inc. reported a revenue of $6.75 million and a net loss of $4.15 million, resulting in an earnings per share (EPS) of -$0.82. The gross profit stood at $1.22 million, with a price-to-earnings (P/E) ratio of -0.16. Currently, no institutional ratings are available for buy, hold, or sell recommendations on this stock.
Within the soft drink industry on the U.S. OTC market, the overall sector experienced a modest increase of 0.31%. Notable gainers in the sector include Safety Shot, Inc., Barfresh Food Group Inc., and Zevia Pbc. Meanwhile, Celsius Holdings, Inc., Safety Shot, Inc., and Sunopta, Inc. showed significant trading activity with turnover rates of 1.25%, 0.61%, and 0.22% respectively. Stocks with notable price fluctuations include Safety Shot Inc C/Wts 30/10/2025 (To Pur Com), Safety Shot, Inc., and Zevia Pbc, with price swings of 42.92%, 13.41%, and 5.66% respectively.
