The price of Splash Beverage Group Inc. (AMEX:SBEV) shares last traded on Wall Street rose 4.17% to $1.00.
SBEV stock price is now 3.28% away from the 50-day moving average and -45.70% away from the 200-day moving average. The market capitalization of the company currently stands at $38.50M.
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In other news, Nistico Robert, CEO and Chairman bought 3,000 shares of the company’s stock on Jun 16. The stock was bought for $5,050 at an average price of $1.68. Upon completion of the transaction, the CEO and Chairman now directly owns 1,327,070 shares in the company, valued at $1.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 15, CEO and Chairman Nistico Robert bought 1,000 shares of the business’s stock. A total of $1,827 was incurred on buying the stock at an average price of $1.83. This leaves the insider owning 1,324,070 shares of the company worth $1.32 million. A total of 31.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in SBEV stock. A new stake in Splash Beverage Group Inc. shares was purchased by VIRTU FINANCIAL LLC during the first quarter worth $71,000. TRH FINANCIAL, LLC invested $30,000 in shares of SBEV during the first quarter. In the first quarter, MARSHALL WACE, LLP acquired a new stake in Splash Beverage Group Inc. valued at approximately $15,000. In total, there are 26 active investors with 5.30% ownership of the company’s stock.
A candlestick chart of Splash Beverage Group Inc. (AMEX: SBEV) showed a price of $0.9500 on Friday morning. During the past 12 months, Splash Beverage Group Inc. has had a low of $0.75 and a high of $5.60. As of last week, the company has a debt-to-equity ratio of 0.16, a current ratio of 1.70, and a quick ratio of 1.00. The fifty day moving average price for SBEV is $0.9667 and a two-hundred day moving average price translates $1.8338 for the stock.
The latest earnings results from Splash Beverage Group Inc. (AMEX: SBEV) was released for Jun, 2022. According to the Beverages – Brewers Company, earnings per share came in at -$0.16, missing analysts’ expectations of -$0.05 by -0.11. This compares to $0.00 EPS in the same period last year. The company reported revenue of $4.87 million for the quarter, compared to $2.83 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 72.27 percent. For the current quarter, analysts expect SBEV to generate $7.9M in revenue.
Splash Beverage Group Inc.(SBEV) Company Profile
Splash Beverage Group, Inc. engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. Its products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and recovery isotonic sport drink under the TapouT Performance name; wine under the Copa di Vino name; and Pulpoloco Sangria. The company also sells beverages and groceries online through qplash.com. Splash Beverage Group, Inc. is based in Fort Lauderdale, Florida.
