The CIO of Reed’s Inc (NASDAQ: REED) is Selling Shares

By Carrie Williams

Today, the CIO of Reed’s Inc (REEDResearch Report), Christopher Reed, sold shares of REED for $15.93K.

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Currently, Reed’s Inc has an average volume of 76.51K. The Company has a Price to Book ratio of 22.2690.

The insider sentiment on Reed’s Inc has been negative according to 26 insider trades in the past three months. This sentiment is slightly lower than the average sentiment of company insiders in this sector.

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Reed’s, Inc. engages in the provision of carbonated and non-carbonated beverages. Its product lines include Reed’s Ginger Brews, Virgil’s Root Beer, and Flying Culdron Butterscotch Beer. The company was founded by Christopher J. Reed in June 1987 and is headquartered in Los Angeles, CA.