The Alkaline Water Company Inc. (NASDAQ: WTER) on January 24, 2023, started off the session at the price of $0.2445, soaring 5.96% from the previous trading day. During the day, the shares moved up to $0.2791 and dropped to $0.2445 before settling in for the closing price of $0.25. Within the past 52 weeks, WTER’s price has moved between $0.14 and $1.16.
Annual sales at Consumer Defensive sector company grew by 36.60% over the past five years. The company achieved an average annual earnings per share of -69.10%. With a float of $137.84 million, this company’s outstanding shares have now reached $148.01 million.
Let’s look at the performance matrix of the company that is accounted for 43 employees. In terms of profitability, gross margin is +25.10, operating margin of -64.36, and the pretax margin is -65.32.
The Alkaline Water Company Inc. (WTER) Insider and Institutional Ownership
Observing investor behavior towards Beverages – Non-Alcoholic industry stocks is more important than anything else. The insider ownership of The Alkaline Water Company Inc. is 3.70%, while institutional ownership is 7.10%. The most recent insider transaction that took place on Nov 23, was worth 120,000. In this transaction Director of this company bought 180,000 shares at a rate of $0.67, taking the stock ownership to the 100,000 shares.
The Alkaline Water Company Inc. (WTER) Latest Financial update
As on 6/29/2022, Multinational firm has announced its last quarter scores, in which it reported -$0.06 earnings per share (EPS) for the period falling under the consensus outlook (set at -$0.05) by -$0.01. This company achieved a net margin of -65.32 while generating a return on equity of -689.77. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.05 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -69.10% per share during the next fiscal year.
The Alkaline Water Company Inc. (NASDAQ: WTER) Trading Performance Indicators
The Alkaline Water Company Inc. (WTER) is currently performing well based on its current performance indicators. A quick ratio of 0.60 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.33, a number that is poised to hit -0.04 in the next quarter and is forecasted to reach -0.09 in one year’s time.
Technical Analysis of The Alkaline Water Company Inc. (WTER)
The Alkaline Water Company Inc. (NASDAQ: WTER) saw its 5-day average volume 0.97 million, a negative change from its year-to-date volume of 1.62 million. As of the previous 9 days, the stock’s Stochastic %D was 69.58%. Additionally, its Average True Range was 0.03.
During the past 100 days, The Alkaline Water Company Inc.’s (WTER) raw stochastic average was set at 27.95%, which indicates a significant decrease from 75.65% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 147.99% in the past 14 days, which was higher than the 121.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2111, while its 200-day Moving Average is $0.4094. Nevertheless, the first resistance level for the watch stands at $0.2811 in the near term. At $0.2974, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.3157. If the price goes on to break the first support level at $0.2465, it is likely to go to the next support level at $0.2282. The third support level lies at $0.2119 if the price breaches the second support level.
The Alkaline Water Company Inc. (NASDAQ: WTER) Key Stats
Market capitalization of the company is 40.49 million based on 148,009K outstanding shares. Right now, sales total 60,600 K and income totals -39,580 K. The company made 19,570 K in profit during its latest quarter, and -8,400 K in sales during its previous quarter.