Finance

Performance Comparison of Eastside Distilling, Inc. (NASDAQ:EAST)

Eastside Distilling, Inc. (NASDAQ:EAST), closed the last trading session at $3 with decrease of $-0.0800000000000001 or -2.6 percent against the opening price of $3.08. The trading day volume of the company stands at 14583 shares while the average trading volume of Eastside Distilling, Inc. (NASDAQ:EAST) is 30.53 Million over the course of 3 consecutive months. Which signifies a pretty good change over the time with its shares outstanding of 10.03 Million.

The price target of Eastside Distilling, Inc. (NASDAQ:EAST) is currently set at 10.5 by the analysts. The stock is $-54.89 Below its 1-Year High which is $6.65. EAST hit its 1-Year low price of $2.74. The company is currently rated by analyst who are keeping a close eye on the stock as 0. Where 1 means Buy, 2.5 meaning Hold and 5 as Sell.

Performance Indicators of Eastside Distilling, Inc. (NASDAQ:EAST)

The value of the stock decreased by -5.36% during the previous week performance. Looking at the 1 month performance of Eastside Distilling, Inc. (NASDAQ:EAST), the stock dipped -29.41%. While the 1 year performance shows a negative percentage of -52.9 and year to date performance stands at -51.46%.

Eastside Distilling, Inc. (NASDAQ:EAST) Analytical Review

The stock needs to grow about $7.5 to reach its price target. In order to seek the stock’s directional movements, 20-Days, 50 Days and 200-Days moving averages are -15.42%, -29.48% and -38.65 percent respectively. The stock trades about 3.89 percent of its Float giving its total shares Outstanding are 10.03 Million. EAST gained about -37.5 percent in 6 months showing its Average True Range of 0.28. The company currently has a RSI and Beta of 32.12 and -0.03.

While talking about Eastside Distilling, Inc. (NASDAQ:EAST) valuation ratios, the stock trades with a P/S and P/B of 2.2 and 2.01 which is significantly better and attractive as compared to its peers.