New Age Beverages Corporation (NASDAQ:NBEV) changes shares on Friday trading session, with a change of -2.30% or -$0.04 shares. The trading starts at $1.75 and closed at $1.74 throughout the day. The trading session low price was $1.68 and day high was $1.80 on Friday, June 19. After the session, the Consumer Defensive sector daily volume shifted to 2.36 million while its average volume is 2.45M. In other hand, the NBEV market cap reached to $161.09M. While, its current target price is $1.70 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.58% and up 14.86% for month. Its quarterly performance was 50.44% above, while its half year performance is down -9.09%. NBEV yearly performance stood at negative -65.38% and fall -6.59% for year-to-date. Current recommendation for New Age Beverages Corporation is 2.30.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. NBEV EPS (TTM) for 12-month is -1.26. EPS for this year is -345.10%, while for the next year its value is -0.04. Its EPS Q/Q reached -533.60%. It has an EPS of -63.00% down for past five years.
Let’s take a look on the analyst recommendations on NBEV for the current month and previous month. For the current month, 2 of 3 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 1 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $3.50-$7.00. Average target price for NBEV was reached at $5.25.
The insider ownership moved to 2.60% and institutional holding shifted to 21.80%.
The company posted an EPS (TTM) of -1.26. According to the most recent quarter report on (Jun 2020), 3 analysts estimated an average EPS of -0.09, while -0.15 EPS posted a year ago period. Analyst Estimated EPS for NBEV published in the report was -0.1–0.08 during the same period. Comparing with last year, the average estimated EPS was -0.15 which is lower than -0.14 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for NBEV fall -15.59% for period of 200 days. SMA for 50 days was 11.94% which is showing green signal, while SMA-20 was 3.63%. The moving average value for New Age Beverages Corporation (NBEV) is 1.6846 and 1.5481 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in NBEV stock. On Jun 05, Kapteyn Reginald, Director, sold 15,000 trading shares at the cost of $1.71, which valued at 25650.0. On Dec 16, HAAS TIMOTHY J, Director, bought 100,000 shares at the cost of $1.92, with total shares of 479,074. On Oct 15, Willis Brent D, Chief Executive Officer, sold 25,000 shares at the cost of 2.73. After this transaction, Willis Brent D total shares reached to 1,479,367 which valued at 68250.0.