$2.07M in average volume shows that Splash Beverage Group Inc (SBEV) is heading in the right direction

A new trading day began on Friday, with Splash Beverage Group Inc (AMEX: SBEV) stock price down -2.74% from the previous day of trading, before settling in for the closing price of $0.20. SBEV’s price has ranged from $0.14 to $0.73 over the past 52 weeks.

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Consumer Defensive Sector giant saw their annual sales surged by 2909.59% over the last five years. Meanwhile, its annual earnings per share averaged 30.30%. With a float of $55.04 million, this company’s outstanding shares have now reached $61.91 million.

The firm has a total of 32 workers. Let’s measure their productivity. In terms of profitability, gross margin is -24.2%, operating margin of -206.11%, and the pretax margin is -330.97%.

Splash Beverage Group Inc (SBEV) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Beverages – Wineries & Distilleries Industry. The insider ownership of Splash Beverage Group Inc is 11.10%, while institutional ownership is 6.58%.

Splash Beverage Group Inc (SBEV) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 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

Here are Splash Beverage Group Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.97.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.25, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.25 in one year’s time.

Technical Analysis of Splash Beverage Group Inc (SBEV)

Analysing the last 5-days average volume posted by the [Splash Beverage Group Inc, SBEV], we can find that recorded value of 0.96 million was lower than the volume posted last year of 6.99 million. As of the previous 9 days, the stock’s Stochastic %D was 53.52%. 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 28.17%, which indicates a significant increase from 15.49% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 216.80% in the past 14 days, which was higher than the 108.76% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.1897, while its 200-day Moving Average is $0.2643. Now, the first resistance to watch is $0.2091. This is followed by the second major resistance level at $0.2191. The third major resistance level sits at $0.2308. If the price goes on to break the first support level at $0.1874, it is likely to go to the next support level at $0.1757. Should the price break the second support level, the third support level stands at $0.1657.

Splash Beverage Group Inc (AMEX: SBEV) Key Stats

With a market capitalization of 12.32 million, the company has a total of 61,711K Shares Outstanding. Currently, annual sales are 18,850 K while annual income is -21,000 K. The company’s previous quarter sales were 980 K while its latest quarter income was -4,720 K.