Reed's, Inc. logo

Reed's, Inc.

REED

AMEXConsumer DefensiveBeverages - Non-Alcoholic

Previous close

$1.13

+$0.13 · +13.00%

Aug 21, 3:59 PM ET

REED company overview

Regular session · ET · Market data may be delayed.

Company profile

Company website

Reed's, Inc. (symbol: REED) operates as a manufacturer and distributor of premium, all-natural handcrafted beverages. These artisanal concoctions, part of the craft specialty foods sector, are available across a wide geographical footprint, spanning the United States, Canada, Asia, Europe, Australia, and South America. The company's product line features Reed's craft ginger beers, genuine ginger ales, and ready-to-drink selections, alongside Virgil's artisanal sodas, ginger candy, and a broader array of ginger-infused drinks, all primarily marketed under the Reed's brand. Reed's offerings reach consumers through a diverse sales network, including natural and gourmet food establishments, major grocery retailers, mass merchants, club stores, convenience and drug stores, liquor stores, institutional cafeterias, and on-premise dining and bar venues. Distribution is facilitated via third-party distributors, independent partners, and direct-to-store channels. Beyond its core distribution, the company also engages in significant international exports to specific markets such as France, the United Kingdom, South Africa, various Caribbean nations, Spain, the Philippines, and Israel, as well as broader regions in Australia, Asia, Europe, and South America. Founded in 1987, the enterprise was originally incorporated as Original Beverage Corporation, later adopting the Reed's, Inc. name in 2001. Its corporate headquarters are situated in Norwalk, Connecticut.

Industry
Beverages - Non-Alcoholic
Sector
Consumer Defensive
Headquarters
US
CEO
Neal Cohane
Listed since
Dec 29, 2006
Employees
44

Market position

Day range

Current $1.13

52-week range

Current $1.13

Open
$1.02
Previous close
$1.00
Volume
4.74K
0.19× average
Average volume
24.45K
Average daily volume
Market cap
13.36M USD
Beta
0.29
Market reference 1
50-day average
$1.1048
+2.28% above average
200-day average
$2.8435
-60.26% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
17.03M USD
P/E (TTM)
-0.62×
P/B (TTM)
-9.01×
P/S (TTM)
0.46×
EV / EBITDA
-1.17×
Earnings yield
-90.90%
Free cash flow yield
-99.32%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
17.98%
Operating margin
-61.39%
Net margin
-63.48%
Return on equity
-173.17%
Return on assets
-67.89%
Return on invested capital
-78.99%

Financial health

Debt / equity
-0.55×
Current ratio
1.6×
Altman Z-score
-17.75
Piotroski F-score
2 of 9

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