StockNews.com began coverage on shares of Reed’s (NYSE:REED – Free Report) in a research note released on Saturday. The firm issued a sell rating on the stock.
Reed’s Trading Down 2.3 %
Shares of REED stock opened at $1.17 on Friday. The company has a market capitalization of $9.60 million, a price-to-earnings ratio of -0.29 and a beta of 0.99. Reed’s has a 1-year low of $0.51 and a 1-year high of $2.42. The stock’s fifty day simple moving average is $0.77 and its 200-day simple moving average is $1.10.
About Reed’s
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