StockNews.com initiated coverage on shares of Reed’s (NYSE:REED – Free Report) in a report issued on Friday. The firm issued a sell rating on the stock.
Reed’s Trading Up 1.3 %
Shares of REED stock opened at $0.62 on Friday. The stock has a market capitalization of $5.09 million, a P/E ratio of -0.15 and a beta of 1.10. The firm’s 50 day moving average is $1.17 and its 200 day moving average is $1.36. Reed’s has a 12 month low of $0.51 and a 12 month high of $2.42.
About Reed’s
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