Resonate Blends (KOAN) Stock Price, News & Analysis

Company Overview

Resonate Blends, Inc., a cannabis holding company, provides cannabis wellness lifestyle products. The company offers Calm to quiet the mind and ease into a gentle sense of wellbeing; Wonder, a THC offering to bring back the youthful sense; Love to reduce barriers to intimacy, stimulate personal connections, and increase tactile sensation; Create to stimulate senses, spark imagination, and channel inner muse; Play to become fully immersed in the moment and the people around; Delight to open up senses; and Sleep for helping to fall asleep. The company was formerly known as Textmunication Holdings, Inc. and changed its name to Resonate Blends, Inc. in December 2019. Resonate Blends, Inc. is based in Calabasas, California.

Key Stats

• Today's Range: $0.0070 to $0.0075
• 50-Day Range: $0.0060 to $0.0124
• 52-Week Range: $0.01 to $0.08
• Volume: 945,892 shs
• Average Volume: 120,697 shs
• Market Capitalization: $721,342.50
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Resonate Blends Stock Analysis - MarketRank™

Resonate Blends scored higher than 5% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Resonate Blends.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Resonate Blends is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Resonate Blends is -0.15, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.03% of the outstanding shares of Resonate Blends have been sold short.

Short Interest Ratio / Days to Cover

Resonate Blends has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Resonate Blends has recently increased by 246.91%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Resonate Blends does not currently pay a dividend.

Dividend Growth

Resonate Blends does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.03% of the outstanding shares of Resonate Blends have been sold short.

Short Interest Ratio / Days to Cover

Resonate Blends has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Resonate Blends has recently increased by 246.91%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 0.8 / 5
• News Sentiment: N/A

News Sentiment

Resonate Blends has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.68 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Resonate Blends this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Resonate Blends insiders have not sold or bought any company stock.

Percentage Held by Insiders

50.00% of the stock of Resonate Blends is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 7.36% of the stock of Resonate Blends is held by institutions.

KOAN Stock Analysis - Frequently Asked Questions

How have KOAN shares performed this year?

Resonate Blends' stock was trading at $0.0111 on January 1st, 2024. Since then, KOAN stock has decreased by 32.4% and is now trading at $0.0075.
View the best growth stocks for 2024 here.

How were Resonate Blends' earnings last quarter?

Resonate Blends, Inc. (OTCMKTS:KOAN) announced its quarterly earnings results on Tuesday, August, 20th. The company reported ($0.01) earnings per share (EPS) for the quarter. The company earned $0.66 million during the quarter.

How do I buy shares of Resonate Blends?

Shares of KOAN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Company Calendar

• Last Earnings: 8/20/2024
• Today: 10/31/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: OTCMKTS
• Sector: Medical
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: OTCMKTS:KOAN
• CUSIP: N/A
• CIK: 897078
• Web: www.resonateblends.com
• Phone: (571) 888-0009
• Fax: 678-672-3130
• Employees: 6
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($0.05)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-1,420,000.00
• Net Margins: N/A
• Pretax Margin: -669.77%
• Return on Equity: N/A
• Return on Assets: -84.37%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.25
• Quick Ratio: 0.25

Sales & Book Value

• Annual Sales: $20,000.00
• Price / Sales: 36.07
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.02) per share
• Price / Book: -0.38

Miscellaneous

• Outstanding Shares: 96,179,000
• Free Float: 50,201,000
• Market Cap: $721,342.50
• Optionable: Not Optionable
• Beta: 2.89