Company’s 36-month beta value is 1.04.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for ZVIA is 44.84M, and currently, short sellers hold a 1.70% ratio of that floaft. The average trading volume of ZVIA on November 27, 2024 was 323.04K shares.
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ZVIA) stock’s latest price update
Zevia PBC (NYSE: ZVIA) has experienced a decline in its stock price by -8.62 compared to its previous closing price of 2.32. However, the company has seen a fall of -4.50% in its stock price over the last five trading days. prnewswire.com reported 2024-11-07 that Zevia, the First Brand to Offer a Naturally Sweetened Alternative to Mainstream Soda and now the #1 Naturally Sweetened Zero Sugar Soda in the US, Increases Distribution to 5x its Current Retail Locations Nationwide LOS ANGELES, Nov. 7, 2024 /PRNewswire/ — Today, Zevia PBC, the zero sugar, naturally sweetened beverage company, announced it is expanding its Walmart distribution this month from +800 stores to now being available nationally in more than 4,300 locations, an increase of more than five-times current store distribution. Zevia® Soda in Walmart has seen substantial growth in existing Walmart stores over the past two years.
ZVIA’s Market Performance
Zevia PBC (ZVIA) has seen a -4.50% fall in stock performance for the week, with a 70.97% gain in the past month and a 105.83% surge in the past quarter. The volatility ratio for the week is 12.92%, and the volatility levels for the past 30 days are at 15.21% for ZVIA. The simple moving average for the past 20 days is 23.76% for ZVIA’s stock, with a 92.59% simple moving average for the past 200 days.
Analysts’ Opinion of ZVIA
Many brokerage firms have already submitted their reports for ZVIA stocks, with Telsey Advisory Group repeating the rating for ZVIA by listing it as a “Market Perform.” The predicted price for ZVIA in the upcoming period, according to Telsey Advisory Group is $4 based on the research report published on July 25, 2023 of the previous year 2023.
Goldman, on the other hand, stated in their research note that they expect to see ZVIA reach a price target of $3, previously predicting the price at $5. The rating they have provided for ZVIA stocks is “Neutral” according to the report published on July 25th, 2023.
ZVIA Trading at 56.53% from the 50-Day Moving Average
After a stumble in the market that brought ZVIA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.82% of loss for the given period.
Volatility was left at 15.21%, however, over the last 30 days, the volatility rate increased by 12.92%, as shares surge +82.76% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +94.50% upper at present.
During the last 5 trading sessions, ZVIA fell by -4.50%, which changed the moving average for the period of 200-days by +23.98% in comparison to the 20-day moving average, which settled at $1.71. In addition, Zevia PBC saw 5.47% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ZVIA starting from White Pine LLC, who sale 92,852 shares at the price of $1.08 back on Oct 03 ’24. After this action, White Pine LLC now owns 1,425,598 shares of Zevia PBC, valued at $100,280 using the latest closing price.
White Pine LLC, the 10% Owner of Zevia PBC, sale 5,017 shares at $1.05 during a trade that took place back on Oct 02 ’24, which means that White Pine LLC is holding 1,518,450 shares at $5,268 based on the most recent closing price.
Stock Fundamentals for ZVIA
Current profitability levels for the company are sitting at:
- -0.17 for the present operating margin
- 0.43 for the gross margin
The net margin for Zevia PBC stands at -0.14. The total capital return value is set at -0.51. Equity return is now at value -24.74, with -22.72 for asset returns.
Based on Zevia PBC (ZVIA), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -8.96. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -21.83.
Currently, EBITDA for the company is -27.33 million with net debt to EBITDA at 1.3. When we switch over and look at the enterprise to sales, we see a ratio of 0.81. The receivables turnover for the company is 15.33for trailing twelve months and the total asset turnover is 2.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.85.
Conclusion
In a nutshell, Zevia PBC (ZVIA) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
