REED - Reed's, Inc.

Other OTC - Other OTC Delayed Price. Currency in USD
3.2300
+0.2300 (+7.67%)
At close: 03:45PM EDT
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Neutralpattern detected
Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close3.0000
Open3.6400
Bid0.0000 x 1000
Ask0.0000 x 1000
Day's Range3.2000 - 3.6400
52 Week Range1.5000 - 11.6000
Volume2,816
Avg. Volume5,735
Market Cap8.406M
Beta (5Y Monthly)1.61
PE Ratio (TTM)N/A
EPS (TTM)-432.1000
Earnings DateAug 09, 2023 - Aug 14, 2023
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est24.00
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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  • GlobeNewswire

    Reed’s Reports First Quarter 2023 Results

    - Strengthened Liquidity Position with Recent $5.6 Million Financing Transactions, Including Strategic Investment - - Reiterates Full Year 2023 Margin and Profitability Targets - NORWALK, Conn., June 01, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is reporting financial results for the three months ended March 31, 2023. Q1 2023 Financial Highlights (vs. Q1 2022): Net sales were

  • GlobeNewswire

    Reed’s Announces Closing of $5.6 Million Financing Transactions

    Financing Includes Strategic Investment from New Hong Kong PartnerNORWALK, Conn., May 31, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced it has closed a series of financing transactions for an aggregate of $5.6 million. Reed’s closed a $4.1 million PIPE issuance led by D&D Source of Life Holding LTD (“D&D”), a Hong Kong based investment company with several investme

  • GlobeNewswire

    Reed’s Schedules First Quarter 2023 Conference Call for June 1 at 8:30 a.m. ET

    NORWALK, Conn., May 22, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, will host a conference call on Thursday, June 1, 2023 at 8:30 a.m. Eastern time to discuss its financial results for the three months ended March 31, 2023. The Company’s results will be reported in a press release prior to the call. Reed’s management will host the conference call, followed by a question-and-answ

  • GlobeNewswire

    Reed’s Announces New Distribution Partnership with Roundy’s Supermarket

    Initial Launch will Include Reed’s Hard Ginger Ale in over 100 Roundy’s Wisconsin StoresNORWALK, Conn., April 03, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced a new distribution partnership with Roundy’s Supermarket (“Roundy’s”) in Wisconsin. Roundy’s, a leading Midwest grocer and a wholly owned subsidiary of the Kroger Co., operates over 100 locations throughout

  • GlobeNewswire

    Reed’s Announces Appointment of Interim Chief Financial Officer Joann Tinnelly

    NORWALK, Conn., March 31, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced that Joann Tinnelly, current Vice President and Corporate Controller of Reed’s, was appointed by the Board of Directors to the position of Interim Chief Financial Officer, effective March 31, 2023. On March 7, 2023, Reed’s announced the resignation of Tom Spisak from the role of Chief Financial

  • Zacks

    Reeds (REED) Reports Q4 Loss, Lags Revenue Estimates

    Reeds (REED) delivered earnings and revenue surprises of -94.53% and 0.40%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Reed’s Reports Fourth Quarter and Full Year 2022 Results and Reiterates Its 2023 Financial Outlook

    - Q4 2022 Net Sales Grew 18% to a Record $15.0 million, Gross Margins Expanded +250bps and Operating Expenses Declined 10% - - Continued Double-Digit Net Sales Growth, Gross Margin Expansion and Operating Expense Reductions to Drive Positive Modified EBITDA and Cash Flow from Operations in 2023 - NORWALK, Conn., March 29, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is reporting

  • Zacks

    Reeds (REED) May Report Negative Earnings: Know the Trend Ahead of Q4 Release

    Reeds (REED) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • GlobeNewswire

    Reed’s Schedules Fourth Quarter and Full Year 2022 Conference Call for March 29 at 5:00 p.m. ET

    NORWALK, Conn., March 20, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, will host a conference call on Wednesday, March 29, 2023 at 5:00 p.m. Eastern time to discuss its financial results for the three and twelve months ended December 31, 2022. The Company’s results will be reported in a press release prior to the call. Reed’s management will host the conference call, followed by

  • GlobeNewswire

    Reed’s Announces New Distribution Partnership with Loblaws Supermarkets

    Reed’s Products are Now Available in 500 Loblaws Stores Across CanadaNORWALK, Conn., March 15, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced a new distribution partnership with Loblaws Companies Limited (“Loblaws”), a leading Canadian retailer operating under 22 regional and market-segment banners. This distribution channel grants Reed’s access to 500 Loblaws’ stor

  • GlobeNewswire

    Reed’s Expands Whole Foods Market Distribution with Multiple New SKUs

    Collaboration Grows with Additional Product OfferingsNORWALK, Conn., March 09, 2023 (GLOBE NEWSWIRE) -- Reed’s Inc.® (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, announced today that it has expanded its portfolio across select Whole Foods Market locations nationwide. Reed’s Inc.® and Whole Foods Market began collaborating in the late 1990s with Reed’s Natural Extra Ginger Beer and Virgil’s Handcrafted Root Beer. Afte

  • GlobeNewswire

    Reed’s Announces Resignation of Chief Financial Officer Tom Spisak

    NORWALK, Conn., March 07, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (OTCQX: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced that Tom Spisak has tendered his resignation as Chief Financial Officer (CFO) of the Company, effective March 30, 2023. Tom, who joined Reed’s in December 2019, will continue to be available as a resource to ensure a smooth transition. Joann Tinnelly, current Vice President, Corporate Controlle

  • GlobeNewswire

    OTC Markets Group Welcomes Reeds, Inc. to OTCQX

    NEW YORK, Feb. 16, 2023 (GLOBE NEWSWIRE) -- OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for 12,000 U.S. and international securities, today announced Reed’s, Inc. (OTCQX: REED), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, has qualified to trade on the OTCQX® Best Market. Reed’s, Inc. previously traded on NASDAQ. Reed’s, Inc. begins trading today on OTCQX under the symbol “REED.” U.S. investors can find current financial disclosure and

  • GlobeNewswire

    Reed’s, Inc. Announces Transition from the Nasdaq Capital Market to the OTCQX and Close of $2.5 Million Bridge Financing

    The Company Anticipates Trading to Begin on the OTCQX on Thursday, February 16NORWALK, Conn., Feb. 14, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, announced today its intention to transition from the Nasdaq Capital Market to the OTCQX US Market, operated by OTC Markets, Inc. (“OTCQX”). Reed’s was given until February 13, 2023 to regain compliance with Nasdaq’s bid price rule an

  • GlobeNewswire

    Reed’s, Inc. Appoints Chris Burleson as Chief Commercial Officer

    NORWALK, Conn., Feb. 06, 2023 (GLOBE NEWSWIRE) -- Reed’s Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, announces the appointment of Christopher Burleson as Chief Commercial Officer. Joining the Company’s executive leadership, Burleson brings over 15 years of progressive sales leadership experience to Reed’s. As Chief Commercial Officer, Burleson will lead the sales organization as well as partner with the operat

  • GlobeNewswire

    Reed’s Reports Preliminary Unaudited Fourth Quarter and Full Year 2022 Results and Issues 2023 Financial Outlook

    - Preliminary Q4 2022 Net Revenue up 18% to Approximately $15.1 million - - Continued Double-Digit Net Revenue Growth, Gross Profit Improvement, and $6 Million of Operating Expense Reductions to Generate Positive Modified EBITDA and Cash Flow from Operations in 2023 - NORWALK, Conn., Feb. 01, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is providing preliminary unaudited fourth

  • Simply Wall St.

    Reed's, Inc. (NASDAQ:REED): Are Analysts Optimistic?

    Reed's, Inc. ( NASDAQ:REED ) is possibly approaching a major achievement in its business, so we would like to shine...

  • GlobeNewswire

    Reed’s, Inc. Announces Revised Effective Date for Reverse Stock Split

    Friday, January 27, 2023NORWALK, Conn., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, announced today that due to unanticipated delays in processing outside the Company’s control, the previously announced reverse stock split, which was to be effective with the open of The Nasdaq Stock Market on January 26, 2023, will instead take effect with the open of the market on Fri

  • GlobeNewswire

    Reed’s Inc. Announces Reverse Stock Split

    Reed’s Common Stock to Begin Trading on a Split-Adjusted Basis on January 26, 2023NORWALK, Conn., Jan. 25, 2023 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is announcing that its Board of Directors (the “Board”) approved a 1-for-50 reverse stock split of the Company’s issued and outstanding shares of common stock, par value $0.001 per share. The reverse stock split will become effec

  • Zacks

    Reeds (REED) Reports Q3 Loss, Lags Revenue Estimates

    Reeds (REED) delivered earnings and revenue surprises of -50% and 30.49%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Reed’s Reports Third Quarter 2022 Results

    NORWALK, Conn., Nov. 10, 2022 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, is reporting financial results for the three months ended September 30, 2022. Q3 2022 Financial Highlights (vs. Q3 2021): Net sales were $12.1 million compared to $13.4 million.Gross profit was $2.4 million compared to $3.9 million, with gross margin of 20.1% compared to 28.9%.Operating expenses were reduced t

  • GlobeNewswire

    Reed’s Schedules Third Quarter 2022 Conference Call for November 10 at 5:00 p.m. ET

    NORWALK, Conn., Oct. 26, 2022 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, will host a conference call on Thursday, November 10, 2022 at 5:00 p.m. Eastern time to discuss its financial results for the three months ended September 30, 2022. The Company’s results will be reported in a press release prior to the call. Reed’s management will host the conference call, followed by a questi

  • GlobeNewswire

    Reed’s ® REAL Cranberry Ginger Ale Expands to Three Costco Regions Across 26 States

    Reed’s REAL Cranberry Ginger Ale will be available exclusively in 166 Costco locations for the 2022 holiday season. Reed’s ® REAL Cranberry Ginger Ale Reed’s ® REAL Cranberry Ginger Ale NORWALK, Conn., Oct. 05, 2022 (GLOBE NEWSWIRE) -- Reed’s Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, all-natural ginger beverages, today announced the expansion of Reed’s® seasonal REAL Cranberry Ginger Ale distribution. Reed’s® REAL Cranberry Ginger Al

  • GlobeNewswire

    Reed’s Receives Positive Nasdaq Listing Determination

    NORWALK, Conn., Oct. 03, 2022 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, natural ginger beverages, today announced that, by decision dated September 28, 2022, a Nasdaq Hearings Panel (“Panel”) granted Reed’s request for an extension until February 13, 2023 to continue the listing of Reed’s common stock on The Nasdaq Capital Market (“Nasdaq”). The extension is subject to the Company’s timely satisfaction of

  • GlobeNewswire

    Reed’s Partners with Sprouts Farmers Market to Unveil New Limited-Edition Reed’s® Harvest Spiced Apple Cider Swing-lid Bottle

    Reed’s® Harvest Spiced Apple Cider Swing-lid Bottle Reed’s® Harvest Spiced Apple Cider Swing-lid Bottle NORWALK, Conn., Aug. 18, 2022 (GLOBE NEWSWIRE) -- Reed’s, Inc. (NASDAQ: REED) (“Reed’s” or the “Company”), owner of the nation’s leading portfolio of handcrafted, all-natural ginger beverages, today announced the launch of the new Reed’s® Harvest Spiced Apple Cider. Reed’s® Harvest Spiced Apple Cider will be available in approximately 380 Sprouts Farmers Market stores nationwide in classic hal