Reed’s (OTCMKTS:REED) Research Coverage Started at StockNews.com

StockNews.com assumed coverage on shares of Reed’s (OTCMKTS:REED) in a research report released on Tuesday morning. The brokerage issued a sell rating on the stock.

Reed’s Stock Down 1.4 %

REED opened at $1.38 on Tuesday. Reed’s has a 52 week low of $0.51 and a 52 week high of $2.42. The stock has a market cap of $11.30 million, a PE ratio of -0.34 and a beta of 1.00. The business has a 50 day moving average of $1.01 and a 200-day moving average of $1.10.

Reed’s Company Profile

Reed's, Inc engages in the manufacture and distribution of natural beverages in the United States. The company offers Reed's craft ginger beer; Reed's real ginger ales; Reed's Classic Mules; Reed's Hard Ginger Ale; Reed's ready to drink products; and Virgil's handcrafted sodas.