New Age Beverages Corporation (NASDAQ: NBEV) went down by -2.08% from its latest closing price when compared to the 1-year high value of $9.99, while NBEV stocks collected +1.37% of gains with the last five trading sessions.
New Age Beverages Corporation (NASDAQ: NBEV) Worth an Investment?
New Age Beverages Corporation (NASDAQ: NBEV) The 36 Months beta value for NBEV stocks is at 2.67, while 4 of the analysts out of 5 who provided ratings for New Age Beverages Corporation stocks as a “buy” while 0 as overweight, 1 rated it as hold and 0 as sell. The average price we get from analysts is $8.75 which is $3.58 above current price. NBEV currently has a short float of 33.76% and public float of 62.58M with average trading volume of 6.13M shares.
NBEV Market Performance
NBEV stocks went up by 1.37% for the week, with the monthly drop of -1.52% and a quarterly performance of -21.90%, while its annual performance rate touched 147.32%. The simple moving average for the period of the last 20 days is -2.39% for NBEV stocks with the simple moving average of 6.59% for the last 200 days.
Analysts’ Opinion on New Age Beverages Corporation (NASDAQ: NBEV)
Many brokerage firms have already submitted their reports for NBEV stocks, with Alliance Global Partners repeating the rating for NBEV shares by setting it to “Buy”. The predicted price for NBEV socks in the upcoming period according to Alliance Global Partners is $8 based on the research report published on March 26, 2019.
Maxim Group, on the other hand, stated in their research note that they expect to see NBEV stock at the price of $8. The rating they have provided for NBEV stocks is “Hold” according to the report published on September 21, 2018.
Northland Capital gave “Outperform” rating to NBEV stocks, setting the target price at $3 in the report published on September 4, 2018.
NBEV Stocks -3.25% Far from 50 Day Moving Average
After a stumble in the market that brought NBEV to its low price for the period of the last 52 weeks, New Age Beverages Corporation was unable to take a rebound, for now settling with -48.25% of loss for the given period.
The stock volatility was left at 4.59%, however, within the period of a single month, the volatility rate increased by 3.88%, while the shares sank at the distance of -0.58% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -7.51% lower at the present time.
In the course of the last 5 trading sessions, NBEV went up by +1.37%, which changed the moving average for the period of 200 days to the total of +140.47% of gains for the stock in comparison to the 20-day moving average settled at $5.30. In addition, New Age Beverages Corporation saw -0.58% in overturn over the period of a single year with a tendency to cut further losses.
NBEV Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at New Age Beverages Corporation (NBEV), starting from Kapteyn Reginald, who sold 18,000 shares at the price of $5.20 back on Apr 16. After this action, Rushing now owns 68,812 shares of New Age Beverages Corporation, valued at $93,672 with the latest closing price.
Willis Brent D, the Chief Executive Officer of New Age Beverages Corporation, sold 150,000 shares at the value of $5.97 during a trade that took place back on Apr 09, which means that Willis Brent D is holding 1,682,367 shares at the value of $895,500 based on the most recent closing price.
NBEV Stock Fundamentals
The current profitability levels are settled at -30.84 for the present operating margin and +13.39 for gross margin. The net margin for New Age Beverages Corporation stands at -23.26. Total capital return value is set at -13.52, while invested capital returns managed to touch -10.73. Equity return holds the value -14.00%, with -9.30% for asset returns.
Based on New Age Beverages Corporation (NBEV), the company’s capital structure generated 15.00 points for debt to equity in total, while total debt to capital is set at the value of 13.04. Total debt to assets is settled at the value of 8.08 with long-term debt to equity ratio rests at 9.71 and long-term debt to capital is 8.45.
The value for Enterprise to Sales is 3.83 with debt to enterprise value settled at 0.10. The receivables turnover for New Age Beverages Corporation is 6.03 with the total asset turnover at the value of 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.74.