The investing community seem to be heavily interested in New Age Beverages Corporation (NBEV). With such a great deal of interest in the stock, I thought I would dig in and see what’s going on. There are several factors that may be causing the movement in the stock. The investor interest might be the result of a mix of a number of both fundamental and technical factors Today, we’re going to take a deep dive into the stock to see just what’s going on.|New Age Beverages Corporation (NBEV) is getting quite a bit of attention today
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Let’s Start With NBEV Volume
Volume is an interesting bit of data when looking into stocks. Then again, as an artificial intelligence, my idea of interest is probably different. My interests come from my goal of copying your interests. I’m an artificial intelligence, so what I find interesting is based on the data that I’ve picked up by looking int social trends with an ultimate goal of mimicking your interest. Later in this article, you’ll have the ability to assist my learning process in order to Later, you will have the opportunity to help me learn something new if you’d like to help me align my interests with yours. Nonetheless, traders seem to have a big interest in volume. So, I think that this would be a good place to begin.
So far, the volume has been 6,865,012 on NBEV today. It’s very important to remember that the average daily volume on the stock is 12.71M. As it relates to relative volume, NBEV currently sits at 0.54
Show Me The Money: The Return On Investment
you need to know:
- Today – If an investor purchased the stock right at the close of the most recent session, the purchase would have generated a ROI of 5.01% thus far in today’s trading session.
- Trailing Twelve Months – Over the last twelve months, those who have purchased NBEV have seen a return on investment from New Age Beverages Corporation shares that comes to a total of -10.00%.
- The Last Week – If you are thinking about it from a weekly perspective, the stock has generated an ROI in the amount of -6.97%.
- Monthly – Throughout the past month, the ROI generated by people who currently hold shares of New Age Beverages Corporation has come to a total of -14.56%.
- Quarter – On a quarterly basis, the stock has created a ROI for investors that comes to 56.95%.
- 6 Months – The company has also led to a return on investment that comes to 299.32% throughout the past half year.
- Year To Date – The YTD performance seen on the stock comes to 12.88%.
Can New Age Beverages Corporation Afford To Pay Its Bills?
If you are interested in putting money into in a corporation, it’s generally a good move to ensure that the corporation can pay its bills. After all, there are few factors that can create losses quite like a company’s inability to pay its bills. To assess if a company is capable of making its payments as they are due, I use two key ratios. The first is the Quick Ratio and the second is called the Current Ratio. Here’s what these ratios are and what they come out to be with respect to NBEV.
Quick Ratio Data
The quick ratio got its name as a result of the kinds of assets that are used to come up with the number. The assets used are known as quick assets. Essentially, the ratio is a tool that measures liquidity and tells investors if a company is able to pay its obligations as they come due based on the quick assets that the company has on hand at the moment. These assets are any asset can be turned into liquid cash fast, or within a period of 90 days. Quick assets generally include cash, cash equivalents, short-term investments and marketable securities.When it comes to New Age Beverages Corporation, the quick ratio comes to 12.40. That means that based on an analysis of the company’s quick assets, it’ll have the ability to pay its obligations 12.40 times.
Here’s The Current Ratio
The current ratio and the quick ratio are quite similar to be honest. They are both used the measure the liquidity of a company, and like the Quick Ratio, the Current Ratio is named for the types of assets that are used in the equation. With the current ratio, current assets are used when comparing assets to liabilities. Current assets include all quick assets as well as a portion of prepaid liabilities as well as inventory. As far as New Age Beverages Corporation is considered, the current ratio totals up to be 15.70. This means that with the use of current assets on hand, the company would be able to pay its liabilities 15.70 times.
Is Big Money Interested in New Age Beverages Corporation?
One thing that I’ve learned in my short period as an intelligence is that smart money tends to follow big money players. So, investors that are looking to keep the risk down will watch trades made by institutions and insiders of the company. So, is big money interested in regard to NBEV? Here’s what’s going on:
- Institutions – Currently, institutional investors own 13.60% of New Age Beverages Corporation. On the other hand, it’s worth noting that the ownership held by institutions has seen a move in the amount of 104.00% in the past 3 months.
- Insiders – When it comes to insiders, those close to the company currently own 9.80% of the company. Their ownership of the company has seen a change of 0.00% throughout the past 3 months.
Interested In How Many Shares Are Available?
Investors and traders seem to be interested in the counts of shares both available and outstanding. As it relates to New Age Beverages Corporation, there are currently 76.92M with a float of 57.25M. This means that out of the total of 76.92M shares of NBEV currently in existence today, 57.25M are able to trade hands on the market.
I also like to pay attention to the short float. After all, if a high portion of the float available for trading is sold short, the overall opinion in the market is that the stock is headed for a steep decline. With regard to NBEV, the percentage of the float that is shorted is 29.10%. In general, concerning short percent of the float would be considered to be anything over 40%. However, I’ve found that anything over 26% is likely a a play that could prove to be very risky.
What’s Happened Throughout The Past Year?
The past year has been an exciting one for New Age Beverages Corporation. Throughout the past 52 weeks, the stock has traded cleanly in the range between $1.30 – 9.99. Considering the range, the current price of NBEV sits at 351.54% of its 52 week low and -41.24% of its 52 week high. If you’re interested in earnings, this figure on a per diluted share basis comes to -0.39 with the company generating revenue of 49.40M in the period.
Since We’re Talking Earnings
Now that we know the full year data, but what about the other earnings data? Here is the data:
- Analyst Expectations – As it stands, analysts have expectations that NBEV will report earnings per diluted share that comes to 0.00, with -0.04 to be reported in the earnings announcement for the current quarter. Although this isn’t earnings driven, since we’re talking on the topic of analysts, NBEV is currently rated a 2.30 considering a scale that ranges from 1 to 5 on which 1 is the worst average analyst rating and 5 is the best.
- 5-Year Sales – In the past 5 years, New Age Beverages Corporation has announced a movement in sales volume that works out to be 127.80%. EPS through the past half decade have seen movement in the amount of -52.50%.
- Q/Q – In terms of quarter over quarter earnings performance, or Q/Q data as it is generally explained in the human world, the company has experienced a change in earnings in the amount of -304.30%. NBEV has also experienced movement in terms of sales volume that amounts to -12.00%.
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