$803.46K in average volume shows that The Alkaline Water Company Inc. (WTER) is heading in the right direction

A new trading day began on May 26, 2022, with The Alkaline Water Company Inc. (NASDAQ: WTER) stock priced at $0.39, up 11.02% from the previous day of trading. During the day, the shares moved up to $0.4361 and dropped to $0.3772 before settling in for the closing price of $0.39. WTER’s price has ranged from $0.33 to $2.35 over the past 52 weeks.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free.

Sponsored


Consumer Defensive Sector giant saw their annual sales surged by 45.40% over the last five years. Meanwhile, its annual earnings per share averaged 31.50%. With a float of $100.67 million, this company’s outstanding shares have now reached $105.58 million.

The firm has a total of 26 workers. Let’s measure their productivity. In terms of profitability, gross margin is +36.42, operating margin of -32.81, and the pretax margin is -35.21.

The Alkaline Water Company Inc. (WTER) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Beverages – Non-Alcoholic Industry. The insider ownership of The Alkaline Water Company Inc. is 8.30%, while institutional ownership is 9.00%.

The Alkaline Water Company Inc. (WTER) Earnings and Forecasts

In its latest quarterly report, released on 12/30/2021, the company reported earnings of -$0.1 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). This company achieved a net margin of -35.21 while generating a return on equity of -259.72. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 31.50% per share during the next fiscal year.

The Alkaline Water Company Inc. (NASDAQ: WTER) Trading Performance Indicators

Here are The Alkaline Water Company Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.03.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.36, a number that is poised to hit -0.10 in the next quarter and is forecasted to reach -0.21 in one year’s time.

Technical Analysis of The Alkaline Water Company Inc. (WTER)

Analysing the last 5-days average volume posted by the [The Alkaline Water Company Inc., WTER], we can find that recorded value of 1.39 million was better than the volume posted last year of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 37.65%. Additionally, its Average True Range was 0.05.

During the past 100 days, The Alkaline Water Company Inc.’s (WTER) raw stochastic average was set at 10.75%, which indicates a significant decrease from 55.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 118.63% in the past 14 days, which was higher than the 88.69% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.7233, while its 200-day Moving Average is $1.2040. Now, the first resistance to watch is $0.4510. This is followed by the second major resistance level at $0.4730. The third major resistance level sits at $0.5099. If the price goes on to break the first support level at $0.3921, it is likely to go to the next support level at $0.3552. Should the price break the second support level, the third support level stands at $0.3332.

The Alkaline Water Company Inc. (NASDAQ: WTER) Key Stats

With a market capitalization of 57.13 million, the company has a total of 121,899K Shares Outstanding. Currently, annual sales are 46,070 K while annual income is -16,410 K. The company’s previous quarter sales were 15,110 K while its latest quarter income was -10,740 K.

Latest

Citigroup Upgraded Nokia Oyj (NOK) To Buy with Price Target of $6.8

Nokia Oyj (NYSE: NOK), a communications equipment developer, is...

The Chart for Block Inc. (SQ) Stock Is Flashing Mixed Signals

In the first quarter, large investment funds expanded their...

What to Expect When Snap Inc. (SNAP) Reports Quarterly Earnings?

Snapchat, a social media platform owned by Snap Inc....

Getting Sustainable Earnings? Movado Group Inc. (MOV)

Movado Group Inc. (NYSE: MOV), the owner of the...

Newsletter

 

Don't miss

Chevron Corporation (CVX) provides details about its hydrogen future

The huge hydrogen investment plan of the oil and...

Healthy Upside Potential: Maxar Technologies Ltd. (MAXR)

In May 25 trading, shares of space business Maxar...

Atkore Inc. (ATKR) stock: Better Than You Think

Atkore Inc. (NYSE:ATKR), a manufacturer of infrastructure, electrical, and...

Provention Bio, Inc. (PRVB) Having a Robust Premarket After Abysmal Thursday

Provention Bio, Inc. (PRVB), a clinical stage biopharmaceutical company,...

Can Confluent Inc.’s (CFLT) hike of 12.14% in a week be considered a lucky break?

Confluent Inc. (NASDAQ: CFLT) on June 28, 2022, started off the session at the price of $25.05, plunging -5.58% from the previous trading day....

Playtika Holding Corp. (PLTK) kicked off at the price of $13.15: Venture capitalists have an exciting new opportunity

June 28, 2022, Playtika Holding Corp. (NASDAQ: PLTK) trading session started at the price of $15.61, that was -8.62% drop from the session before....

Zoom Video Communications Inc. (ZM) plunged -5.58 in the last month: It’s impossible to believe the numbers

On June 28, 2022, Zoom Video Communications Inc. (NASDAQ: ZM) opened at $119.82, lower -5.58% from the last session. During the day, the shares...

LEAVE A REPLY

Please enter your comment!
Please enter your name here


129712

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

The 5 Best Growth Stocks 2022

100% free. stop anytime no spam