Reborn Coffee Inc (NASDAQ:REBN) traded at $5.02 at last check on current trade day and made an upward move of 25.19% on its previous day’s price.
Looking at the stock we see that its previous close was $4.01 and the beta (5Y monthly) reads 2.398 with the day’s price range being $4.11 – $5.1. In terms of its 52-week price range, REBN has a high of $8.80 and a low of $0.92. The company’s stock has gained about 274.63% over that past 30 days.
Reborn Coffee Inc has a market cap of $18.44 million and is expected to release its quarterly earnings report in March.
On the other hand, looking at the outlook for the REBN stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of Hold.
Based on estimates by 1 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 0 have rated the Reborn Coffee Inc (REBN) stock as a Hold, while 1 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 49.83% off its SMA20 and 128.84% from its 50-day simple moving average. The RSI (14) is pointing at 67.01 while the volatility over the past week is 16.03% and jumps to 27.78% over the past one month. The beta value is 2.39, while the average true range (ATR) is currently pointing at 0.81.
Coming back to Reborn Coffee Inc (NASDAQ:REBN), we note that the average 3-month trading volume was 2.47 million, while that of the preceding 10-day period stands at 8.69 million. Current shares outstanding are 3.34 million.
The insiders hold 31.51% of the company’s shares while institutions hold 2.43%. The data shows that short shares as of 2025-01-31, stood at 0.43 million at a short ratio of 0.15. This represents a 1708.00 short interest in shares outstanding on 2025-01-31. Shares short rose in January from the previous month at 0.33 million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 202.41% up in year-to-date price movement.
