The Alkaline Water Company Inc. (NASDAQ:WTER) went up by 9.92% from its latest closing price compared to the recent 1-year high of $2.35. The company’s stock price has collected -4.32% of loss in the last five trading sessions. Press Release reported on 11/24/21 that Alkaline88(R) and Shaquille O’Neal Light Up the Big Apple in Time for Thanksgiving
Is It Worth Investing in The Alkaline Water Company Inc. (NASDAQ :WTER) Right Now?
Plus, the 36-month beta value for WTER is at 1.97. Opinions of the stock are interesting as 2 analysts out of 2 who provided ratings for The Alkaline Water Company Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $3.00, which is $2.17 above the current price. WTER currently public float of 89.13M and currently shorts hold a 2.63% ratio of that float. Today, the average trading volume of WTER was 1.61M shares.
WTER’s Market Performance
WTER stocks went down by -4.32% for the week, with a monthly drop of -21.76% and a quarterly performance of -28.88%, while its annual performance rate touched 10.83%. The volatility ratio for the week stands at 9.00% while the volatility levels for the past 30 days are set at 6.94% for The Alkaline Water Company Inc.. The simple moving average for the period of the last 20 days is -13.64% for WTER stocks with a simple moving average of -8.44% for the last 200 days.
Analysts’ Opinion of WTER
Many brokerage firms have already submitted their reports for WTER stocks, with Canaccord Genuity repeating the rating for WTER by listing it as a “Sell.” The predicted price for WTER in the upcoming period, according to Canaccord Genuity is $0.90 based on the research report published on July 07th of the current year 2021.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see WTER reach a price target of $3.25. The rating they have provided for WTER stocks is “Speculative Buy” according to the report published on August 18th, 2020.
WTER Trading at -15.38% from the 50-Day Moving Average
After a stumble in the market that brought WTER to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.40% of loss for the given period.
Volatility was left at 6.94%, however, over the last 30 days, the volatility rate increased by 9.00%, as shares sank -18.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.90% lower at present.
During the last 5 trading sessions, WTER fell by -4.32%, which changed the moving average for the period of 200-days by -6.34% in comparison to the 20-day moving average, which settled at $1.5250. In addition, The Alkaline Water Company Inc. saw 31.68% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for WTER
Current profitability levels for the company are sitting at:
- -32.81 for the present operating margin
- +36.42 for the gross margin
The net margin for The Alkaline Water Company Inc. stands at -35.21. The total capital return value is set at -121.37, while invested capital returns managed to touch -253.85. Equity return is now at value -308.80, with -116.60 for asset returns.
Based on The Alkaline Water Company Inc. (WTER), the company’s capital structure generated 46.99 points at debt to equity in total, while total debt to capital is 31.97. Total debt to assets is 21.08, with long-term debt to equity ratio resting at 2.66. Finally, the long-term debt to capital ratio is 1.81.
When we switch over and look at the enterprise to sales, we see a ratio of 2.64, with the company’s debt to enterprise value settled at 0.07. The receivables turnover for the company is 6.97 and the total asset turnover is 2.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.76.