Earnings on Deck For Reed’s, Inc. (:REED)

Earnings is just around the corner for Reed’s, Inc. (:REED) as the firm is slated to issue their report on 1/12/2017 4:30:00 PM.  The firm has most recently posted quarter over quarter growth of 91.60% and sales growth of 15.00% quarter over quarter.  

In terms of the trend lines, Reed’s, Inc. (:REED) shares are currently -28.57% off of their 52-week high and 75.56% off from the 52-week low point.  The stock is 7.82% from the 200-day moving average and -4.28% from the 50-day average.  The Relative Strength Index for the stock stands at 42.54.

Increased volatility should be expected heading into and immediately after the Reed’s, Inc. (:REED) earnings report.  According to the most recent data, the average true range stands at 0.14 which is a measure of the most recent volatility.  The number is an exponential 14-day moving average of the True Ranges (range of each trading day’s high and low).  The average volatility for the week stands at 2.79% and 3.55% for the past month. The relative volume (ratio between current volume and 3-month average) stands at 0.20.  

Potential Upside

So is there any potential upside for the stock if Reed’s, Inc. is able to meet or beat earnings?  Analysts, on a consensus basis have a $7.50 on the stock, compared to a recent bid of $3.95.  The average broker recommendation yields a score of 2.00, which is an integer based calculation from all of the buy, sell and hold recommendations from sell-side analysts.  

Ownership

Heading into the earnings report, 18.90% shares are held by company insiders.  On the institutional front, 9.80% of Reed’s, Inc. (:REED) are owned by firms or funds.  Over the past few months, insider transactions have trended 4.42% while institutions saw a change of -29.20% in company stock. 

Performance

Year to date, Reed’s, Inc. (:REED) holders have seen returns of -3.66%.  Over the past month the stock moved -1.25% and most recently shares over the past five trading days have moved -2.47%.

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