14.19% percent quarterly performance for Splash Beverage Group Inc (SBEV) is not indicative of the underlying story

Splash Beverage Group Inc (AMEX: SBEV) kicked off on Tuesday, up 5.71% from the previous trading day, before settling in for the closing price of $0.25. Over the past 52 weeks, SBEV has traded in a range of $0.20-$0.74.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 2307.98%. While this was happening, its average annual earnings per share was recorded 30.30%. With a float of $47.52 million, this company’s outstanding shares have now reached $57.47 million.

Considering the fact that the conglomerate employs 32 people, you should pay attention to its efficiency factor.

Splash Beverage Group Inc (SBEV) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Beverages – Wineries & Distilleries Industry. The insider ownership of Splash Beverage Group Inc is 17.31%, while institutional ownership is 6.61%.

Splash Beverage Group Inc (SBEV) Earnings and Forecasts

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.13 earnings per share (EPS), lower than consensus estimate (set at -0.1) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 30.30% per share during the next fiscal year.

Splash Beverage Group Inc (AMEX: SBEV) Trading Performance Indicators

Take a look at Splash Beverage Group Inc’s (SBEV) current performance indicators. Last quarter, stock had a quick ratio of 0.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.47.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.48, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.15 in one year’s time.

Technical Analysis of Splash Beverage Group Inc (SBEV)

Compared to the last year’s volume of 0.5 million, its volume of 0.35 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 53.59%. Additionally, its Average True Range was 0.03.

During the past 100 days, Splash Beverage Group Inc’s (SBEV) raw stochastic average was set at 20.58%, which indicates a significant decrease from 62.08% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 48.00% in the past 14 days, which was lower than the 120.52% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.3226, while its 200-day Moving Average is $0.3787. Nevertheless, the first resistance level for the watch stands at $0.2850 in the near term. At $0.3035, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.3273. If the price goes on to break the first support level at $0.2427, it is likely to go to the next support level at $0.2189. Should the price break the second support level, the third support level stands at $0.2004.

Splash Beverage Group Inc (AMEX: SBEV) Key Stats

The company with the Market Capitalisation of 15.31 million has total of 51,983K Shares Outstanding. Its annual sales at the moment are 18,850 K in contrast with the sum of -21,000 K annual income. Company’s last quarter sales were recorded 1,050 K and last quarter income was -5,330 K.