Reborn Coffee (NASDAQ:REBN) Posts Earnings Results

Reborn Coffee (NASDAQ:REBN) released 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 Performance

REBN traded down $0.06 during trading on Monday, hitting $3.69. The stock had a trading volume of 39,016 shares, compared to its average volume of 1,220,268. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.41 and a quick ratio of 0.34. The company has a 50 day moving average price of $4.01 and a 200-day moving average price of $2.65. Reborn Coffee has a one year low of $1.03 and a one year high of $8.80. The firm has a market cap of $13.55 million, a price-to-earnings 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.