Emerald Bioscience Inc

Company Profile

Emerald Bioscience Inc had its IPO on under the ticker symbol SKYE.

The company operates in the Healthcare sector and Biotechnology industry. Emerald Bioscience Inc has a staff strength of 11 employees.

Stock update

Shares of Emerald Bioscience Inc opened at $2.7 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $2.5 - $3.5, and closed at $2.5.

This is a -20.63% slip from the previous day's closing price.

A total volume of 25,717 shares were traded at the close of the day’s session.

In the last one week, shares of Emerald Bioscience Inc have slipped by -44.44%.

Emerald Bioscience Inc's Key Ratios

Emerald Bioscience Inc has a market cap of $14.86 million, indicating a price to book ratio of 4.487 and a price to sales ratio of 0.

In the last 12-months Emerald Bioscience Inc’s revenue was $0 with a gross profit of $0 and an EBITDA of $-18021076. The EBITDA ratio measures Emerald Bioscience Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Emerald Bioscience Inc’s operating margin was 0% while its return on assets stood at -314.93% with a return of equity of -1364.2%.

In Q2, Emerald Bioscience Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 0%.

Emerald Bioscience Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.04 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Emerald Bioscience Inc’s profitability.

Emerald Bioscience Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of -1.4594. Its price to sales ratio in the trailing 12-months stood at 0.

Emerald Bioscience Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$2.24 million

Total Liabilities

$9.82 million

Operating Cash Flow

$0

Capital Expenditure

$0

Dividend Payout Ratio

0%

Emerald Bioscience Inc ended 2024 with $2.24 million in total assets and $0 in total liabilities. Its intangible assets were valued at $2.24 million while shareholder equity stood at $-7789198.00.

Emerald Bioscience Inc ended 2024 with $0 in deferred long-term liabilities, $9.82 million in other current liabilities, in common stock, $-75016785.00 in retained earnings and $0 in goodwill. Its cash balance stood at $553443.00 and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $0.

Emerald Bioscience Inc’s total current assets stands at $1.89 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $0 compared to accounts payable of $1.66 million and inventory worth $0.

In 2024, Emerald Bioscience Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Emerald Bioscience Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$2.5

52-Week High

$14

52-Week Low

$1.85

Analyst Target Price

$

Emerald Bioscience Inc stock is currently trading at $2.5 per share. It touched a 52-week high of $14 and a 52-week low of $14. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $4.88 and 200-day moving average was $5.06 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 1825.7% of the company’s stock are held by insiders while 20.7% are held by institutions.