Splash Beverage Group Inc (AMEX: SBEV) is -33.23% lower on its value in year-to-date trading and has touched a low of $0.96 and a high of $20.83 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SBEV stock was last observed hovering at around $2.82 in the last trading session, with the day’s gains setting it 1.48%.
Currently trading at $4.30, the stock is 57.38% and -20.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 43.7 million and changing 52.48% at the moment leaves the stock -52.21% off its SMA200. SBEV registered -69.89% loss for a year compared to 6-month loss of -59.65%. The firm has a 50-day simple moving average (SMA 50) of $4.37436 and a 200-day simple moving average (SMA200) of $8.70419.
The stock witnessed a -27.12% gain in the last 1 month and extending the period to 3 months gives it a -33.23%, and is 192.52% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 30.28% over the week and 30.23% over the month.
Profit margin for the company is -330.97%. Distance from 52-week low is 346.95% and -79.35% from its 52-week high.
with sales reaching $1.8M over the same period., but quarterly earnings will post -71.52% year-over-year. Quarterly sales are estimated to shrink -33.05% in year-over-year returns.
30.0 institutions hold shares in Splash Beverage Group Inc (SBEV), with institutional investors hold 6.63% of the company’s shares. The shares outstanding are 1.55M, and float is at 1.38M with Short Float at 0.69%. Institutions hold 5.76% of the Float.
The top institutional shareholder in the company is CHOREO, LLC with over 1.37 million shares valued at $0.34 million. The investor’s holdings represent 25.8989 of the SBEV Shares outstanding. As of 2024-06-30, the second largest holder is GEODE CAPITAL MANAGEMENT, LLC with 0.26 million shares valued at $60323.0 to account for 4.9722 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 1.26 million shares representing 2.8082 and valued at over $0.29 million, while SUSQUEHANNA INTERNATIONAL GROUP, LLP holds 2.5822 of the shares totaling 0.14 million with a market value of $31316.0.
