The Alkaline Water Company Inc. (NASDAQ: WTER) has experienced a rise in its stock price by 23.26 compared to its previous closing price of 1.72. However, the company has seen a gain of 55.88% in its stock price over the last five trading days.
Is It Worth Investing in The Alkaline Water Company Inc. (NASDAQ: WTER) Right Now?
The 36-month beta value for WTER is also noteworthy at 1.70. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The average price estimated by analysts for WTER is $11250.00, which is $20.38 above than the current price. The public float for WTER is 9.38M, and at present, short sellers hold a 2.78% of that float. The average trading volume of WTER on May 26, 2023 was 124.23K shares.
WTER’s Market Performance
The stock of The Alkaline Water Company Inc. (WTER) has seen a 55.88% increase in the past week, with a 101.90% rise in the past month, and a -30.68% fall in the past quarter. The volatility ratio for the week is 14.37%, and the volatility levels for the past 30 days are at 8.92% for WTER. The simple moving average for the past 20 days is 65.04% for WTER’s stock, with a -44.16% simple moving average for the past 200 days.
WTER Trading at 29.65% 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 -77.92% of loss for the given period.
Volatility was left at 8.92%, however, over the last 30 days, the volatility rate increased by 14.37%, as shares surge +94.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.67% lower at present.
During the last 5 trading sessions, WTER rose by +55.88%, which changed the moving average for the period of 200-days by -69.93% in comparison to the 20-day moving average, which settled at $1.3400. In addition, The Alkaline Water Company Inc. saw -19.10% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WTER starting from RAUCH DAVID ERIC, who purchase 180,000 shares at the price of $0.67 back on Nov 23. After this action, RAUCH DAVID ERIC now owns 100,000 shares of The Alkaline Water Company Inc., valued at $120,000 using the latest closing price.
Stock Fundamentals for WTER
Current profitability levels for the company are sitting at:
- -64.36 for the present operating margin
- +25.10 for the gross margin
The net margin for The Alkaline Water Company Inc. stands at -65.32. The total capital return value is set at -296.86, while invested capital returns managed to touch -662.56.
Based on The Alkaline Water Company Inc. (WTER), the company’s capital structure generated 2,075.57 points at debt to equity in total, while total debt to capital is 95.40. Total debt to assets is 42.64, with long-term debt to equity ratio resting at 38.94. Finally, the long-term debt to capital ratio is 1.77.
When we switch over and look at the enterprise to sales, we see a ratio of 0.37, with the company’s debt to enterprise value settled at 0.10. The receivables turnover for the company is 7.40 and the total asset turnover is 2.57. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
Conclusion
In summary, The Alkaline Water Company Inc. (WTER) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
