Reborn Coffee (NASDAQ:REBN) Posts Earnings Results

Reborn Coffee (NASDAQ:REBN) posted its quarterly earnings data on Monday. The company reported ($0.26) EPS for the quarter, Zacks reports. Reborn Coffee had a negative net margin of 67.56% and a negative return on equity of 171.86%.

Reborn Coffee Stock Down 1.6 %

Shares of NASDAQ:REBN traded down $0.06 during mid-day trading on Monday, reaching $3.69. 39,016 shares of the stock were exchanged, compared to its average volume of 1,220,268. Reborn Coffee has a one year low of $1.03 and a one year high of $8.80. The company has a quick ratio of 0.34, a current ratio of 0.41 and a debt-to-equity ratio of 0.19. The stock’s 50 day simple moving average is $4.01 and its 200-day simple moving average is $2.65. The company has a market cap of $13.55 million, a P/E ratio of -2.54 and a beta of 2.17.

Reborn Coffee Company Profile

Reborn Coffee, Inc, through its subsidiaries, operates and franchises retail locations, kiosks, and cafes that focus on serving specialty-roasted coffee in California. It purchases, roasts, and sells coffee, tea and other beverages, and various food items. It offers products in various form factors, such as whole bean roasted coffee bags, single-serve drip bags, and pour over packs.