StockNews.com started coverage on shares of Reed’s (NYSE:REED – Free Report) in a research report report published on Wednesday morning. The firm issued a sell rating on the stock.
Reed’s Price Performance
NYSE REED opened at $0.72 on Wednesday. The company’s 50 day simple moving average is $0.80 and its 200 day simple moving average is $1.17. Reed’s has a 12 month low of $0.51 and a 12 month high of $2.42. The company has a market capitalization of $5.91 million, a P/E ratio of -0.18 and a beta of 0.90.
About Reed’s
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