Shares of Edible Garden AG Incorporated (NASDAQ:EDBLW – Get Free Report) shot up 28.1% during trading on Thursday . The stock traded as high as $0.27 and last traded at $0.2050. 27,270 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 26,414 shares. The stock had previously closed at $0.16.
Edible Garden Stock Performance
The stock’s 50 day moving average is $0.14 and its 200-day moving average is $0.15.
About Edible Garden
Edible Garden AG (NASDAQ: EDBLW) is a provider of proprietary research, development and manufacturing services for plant-based ingredients, serving the global food and beverage industry. The company focuses on extracting and processing plant proteins and fibers to create functional solutions that enable manufacturers to develop sustainable, plant-based alternatives across multiple product categories.
Edible Garden’s product portfolio includes protein isolates and concentrates, texturizing agents, starches and functional fibers derived primarily from peas and other legumes.
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