Eastside Distilling Inc (EAST) is a publicly traded company that specializes in the production and distribution of craft spirits. The company is based in Portland, Oregon and was founded in 2008. With a mission to create high-quality spirits that are reflective of the Pacific Northwest, Eastside Distilling has quickly gained a reputation for its innovative and unique products.
When it comes to stock statistics, EAST has shown promising performance in recent years. The stock has experienced steady growth, with a positive upward trend. This is reflected in the valuation metrics, which indicate that the stock is currently undervalued. Investors may see this as a potential buying opportunity.
In terms of fundamentals, EAST has demonstrated strong financial health. The stock's revenue per share has been increasing steadily, indicating consistent growth in sales. Additionally, the company's enterprise to EBITDA ratio is favorable, suggesting a healthy level of profitability.
Profit margin is another important metric to consider when evaluating a company's financial performance. EAST has shown a respectable profit margin, which indicates that the company is effectively managing its costs and generating solid returns for its investors.
Total debt is a key consideration for investors, as excessive debt can put a strain on a company's financial stability. EAST has managed to keep its total debt at a reasonable level, which is a positive sign for investors.
Lastly, it is worth noting that EAST has a strong gross profit margin. This metric measures the efficiency of a company's production process and indicates how much money is left over after subtracting the cost of goods sold. EAST's strong gross profit margin suggests that the company is able to generate healthy profits from its operations.
As for the CEO of EAST, the company is currently led by Grover Wickersham. With a background in the spirits industry, Wickersham brings a wealth of knowledge and experience to his role. Under his leadership, EAST has experienced significant growth and continues to expand its presence in the craft spirits market.