In the last trading session, 1.5 million shares of the Splash Beverage Group Inc (AMEX:SBEV) were traded, and its beta was 1.08. Most recently the company’s share price was $0.22, and it changed around $0.01 or 2.62% from the last close, which brings the market valuation of the company to $13.34M. SBEV currently trades at a discount to its 52-week high of $0.73, offering almost -231.82% off that amount. The share price’s 52-week low was $0.14, which indicates that the current value has risen by an impressive 36.36% since then. We note from Splash Beverage Group Inc’s average daily trading volume that its 10-day average is 10.07 million shares, with the 3-month average coming to 2.02 million.
Splash Beverage Group Inc stock received a consensus recommendation rating of Overweight, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 2 rate it as Overweight. Among the rest, 0 recommended SBEV as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight.
Splash Beverage Group Inc (AMEX:SBEV) trade information
Instantly SBEV has showed a green trend with a performance of 2.62% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 0.2282 on recent trading dayincreased the stock’s daily price by 3.59%. The company’s shares are currently up 33.79% year-to-date, but still up 0.19% over the last five days. On the other hand, Splash Beverage Group Inc (AMEX:SBEV) is 41.52% up in the 30-day period. We can see from the shorts that 0.22 million shares have been sold at a short interest cover period of 0.4 day(s).
The consensus price target as assigned by Wall Street analysts is $0.5, which translates to bulls needing to increase their stock price by 56.0% from its current value. Analyst projections state that SBEV is forecast to be at a low of $0.5 and a high of $0.5.
Splash Beverage Group Inc (SBEV) estimates and forecasts
Splash Beverage Group Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -20.98 percent over the past six months and at a 28.57% annual growth rate that is well above the industry average of 0.90%.
SBEV Dividends
Splash Beverage Group Inc’s next quarterly earnings report is expected to be released in February.
Splash Beverage Group Inc (AMEX:SBEV)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 16.99% of Splash Beverage Group Inc shares, and 7.06% of them are in the hands of institutional investors. The stock currently has a share float of 8.50%. Splash Beverage Group Inc stock is held by 33.0 institutions, with CHOREO, LLC being the largest institutional investor. By 2024-06-30, it held 3.0486% of the shares, which is about 1.37 million shares worth $0.34 million.
VANGUARD GROUP INC, with 2.8082% or 1.26 million shares worth $0.29 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
