Reborn Coffee, Inc. (NASDAQ:REBN – Get Free Report)’s stock price was up 16.9% during mid-day trading on Monday . The stock traded as high as $1.61 and last traded at $1.52. Approximately 40,195 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 114,510 shares. The stock had previously closed at $1.30.
Reborn Coffee Trading Up 16.9 %
The company has a debt-to-equity ratio of 0.54, a current ratio of 0.55 and a quick ratio of 0.50. The firm has a fifty day simple moving average of $1.36 and a 200-day simple moving average of $2.80. The firm has a market cap of $4.13 million, a P/E ratio of -0.76 and a beta of 1.86.
Reborn Coffee (NASDAQ:REBN – Get Free Report) last issued its earnings results on Thursday, March 28th. The company reported ($0.07) earnings per share (EPS) for the quarter. The firm had revenue of $1.80 million during the quarter. Reborn Coffee had a negative return on equity of 182.98% and a negative net margin of 67.15%.
Reborn Coffee Company Profile
Reborn Coffee, Inc operates and franchises retail locations, kiosks, and cafes that focus on serving specialty-roasted coffee in California. It purchases, roasts, and sells coffee, tea and other beverages, and various food items. Reborn Coffee, Inc was founded in 2014 and is based in Brea, California.
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