In the last trading session, 3.5 million shares of the Splash Beverage Group Inc (AMEX:SBEV) were traded, and its beta was 2.00. Most recently the company’s share price was $1.38, and it changed around -$0.05 or -3.50% from the last close, which brings the market valuation of the company to $2.14M. SBEV currently trades at a discount to its 52-week high of $20.83, offering almost -1409.42% off that amount. The share price’s 52-week low was $0.96, which indicates that the current value has risen by an impressive 30.43% since then. We note from Splash Beverage Group Inc’s average daily trading volume that its 10-day average is 0.58 million shares, with the 3-month average coming to 71.51K.
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 1 analysts rate the stock as a Sell; another 1 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 is expected to report earnings per share of -3.2 for the current quarter.
Splash Beverage Group Inc (AMEX:SBEV) trade information
Instantly SBEV has showed a red trend with a performance of -3.50% 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 1.5499 on recent trading dayincreased the stock’s daily price by 10.96%. The company’s shares are currently down -78.57% year-to-date, but still up 9.52% over the last five days. On the other hand, Splash Beverage Group Inc (AMEX:SBEV) is -77.20% down in the 30-day period. We can see from the shorts that 9537.0 shares have been sold at a short interest cover period of 0.35 day(s).
The consensus price target as assigned by Wall Street analysts is $0.5, which translates to bulls needing to decrease their stock price by -176.0% 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
The year-over-year growth rate is expected to be -71.52%, down from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 1.8M in revenue for the current quarter. 1 analysts expect Splash Beverage Group Inc to make 3.16M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.69M and 1.54M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -33.05%. Forecasts for the next quarter put sales growth at 105.23%.
SBEV Dividends
Splash Beverage Group Inc’s next quarterly earnings report is expected to be released on 2024-Nov-14.
Splash Beverage Group Inc (AMEX:SBEV)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 13.14% of Splash Beverage Group Inc shares, and 5.88% of them are in the hands of institutional investors. The stock currently has a share float of 6.77%. Splash Beverage Group Inc stock is held by 32.0 institutions, with CHOREO, LLC being the largest institutional investor. By 2024-06-30, it held 25.8989% of the shares, which is about 1.37 million shares worth $0.34 million.
GEODE CAPITAL MANAGEMENT, LLC, with 4.9722% or 0.26 million shares worth $60323.0 as of 2024-06-30, holds the second largest percentage of outstanding shares.
VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund were the top two Mutual Funds as of Dec 31, 2024 . The former held 23.77 shares worth $32797.0, making up 0.04% of all outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund held roughly 7.53 shares worth around $10390.0, which represents about 0.01% of the total shares outstanding.
