As on September 21, 2020, NewAge Inc. (NASDAQ: NBEV) started slowly as it slid -2.78% to $1.75. During the day, the stock rose to $1.79 and sunk to $1.70 before settling in for the price of $1.80 at the close. Taking a more long-term approach, NBEV posted a 52-week range of $0.98-$3.59.
The company of the Consumer Defensive sector’s yearbook sales growth during the past 5- year span was recorded 200.00%. Meanwhile, its Annual Earning per share during the time was -63.00%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -345.10%. This publicly-traded company’s shares outstanding now amounts to $93.00 million, simultaneously with a float of $88.37 million. The organization now has a market capitalization sitting at $171.01 million. At the time of writing, stock’s 50-day Moving Average stood at $2.0413, while the 200-day Moving Average is $1.7613.
It is imperative to bring your focus towards the efficiency factor of the conglomerate that has a total of 934 employees. It has generated 271,636 per worker during the last fiscal year. Meanwhile, its income per employee was -96,183. The stock had 24.20 Receivables turnover and 0.94 Total Asset turnover. For the Profitability, stocks gross margin was +56.89, operating margin was -18.37 and Pretax Margin of -30.42.
NewAge Inc. (NBEV) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Beverages – Non-Alcoholic industry. NewAge Inc.’s current insider ownership accounts for 1.00%, in contrast to 22.90% institutional ownership. According to the most recent insider trade that took place on Jun 05, this organization’s Director sold 15,000 shares at the rate of 1.71, making the entire transaction reach 25,650 in total value, affecting insider ownership by 110,309. Preceding that transaction, on Dec 16, Company’s Director bought 100,000 for 1.92, making the whole transaction’s value amount to 191,930. This particular insider is now the holder of 479,074 in total.
NewAge Inc. (NBEV) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 6/29/2020, the company posted -$0.1 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -$0.09) by -$0.01. This company achieved a net margin of -35.41 while generating a return on equity of -72.80. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 per share during the current fiscal year.
NewAge Inc.’s EPS decrease for this current 12-month fiscal period is -345.10% and is forecasted to reach 0.22 in the upcoming year.
NewAge Inc. (NASDAQ: NBEV) Trading Performance Indicators
Let’s observe the current performance indicators for NewAge Inc. (NBEV). It’s Quick Ratio in the last reported quarter now stands at 1.00. The Stock has managed to achieve an average true range (ATR) of 0.11. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.67.
In the same vein, NBEV’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.21, a figure that is expected to reach -0.06 in the next quarter, and analysts are predicting that it will be 0.22 at the market close of one year from today.
Technical Analysis of NewAge Inc. (NBEV)
Through scrutinizing the latest numbers posted by the [NewAge Inc., NBEV], it can be observed that its last 5-days Average volume of 1.64 million was lower the volume of 2.71 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 27.34% While, its Average True Range was 0.1091.
Raw Stochastic average of NewAge Inc. (NBEV) in the period of the previous 100 days is set at 29.55%, which indicates a major rise in contrast to 9.43% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 34.88% that was lower than 86.48% volatility it exhibited in the past 100-days period.