The Insider Activity Report For Splash Beverage Group Inc. (SBEV): Who’s Buying?

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Splash Beverage Group Inc. (AMEX:SBEV) finished Thursday with a subtraction of -$0.62 to close at $1.32, a downside of -31.96 percent. An average of 444,161 shares of common stock have been traded in the last five days. There was a fall of -$0.6950 in the past week, and it reached a new high 9 times over the past 12 months. The last 20 days have seen an average of 220,195 shares traded, while the 50-day average volume stands at 203,450.

SBEV stock has decreased by 0.00% in the last month. The company shares reached their 1-month lowest point of $1.2700 on 09/23/22. With the stock rallying to its 52-week high on 02/14/22, shares of the company touched a low of $0.99 and a high of $5.60 in 52 weeks. It has reached a new high 10 times so far this year and achieved 66.10% or $0.1270 in price. In spite of this, the price is down -76.43% from the 52-week high.


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Valuation Metrics

Splash Beverage Group Inc. (SBEV) stock’s beta is 1.08. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 5.13, the price-to-book (PB) ratio at 6.26.

Financial Health

The quick ratio of Splash Beverage Group Inc. for the three months ended June 29 was 1.50, and the current ratio was 2.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.03 and a total debt to equity ratio of 0.15 for the quarter ending June 29. Its gross profit as reported stood at $2.58 million compared to revenue of $11.32 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Splash Beverage Group Inc.’s return on assets was -163.90%.

Earnings Surprise

For the three-month period that ended June 29, Splash Beverage Group Inc. had $0.36 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$5.76 million in the quarter, while revenues of -$5.99 million were grew 100.0%. The analyst consensus anticipated Splash Beverage Group Inc.’s latest quarter earnings to come in at -$0.05 per share, but it turned out to be -$0.16, a -220.00% surprise. For the quarter, EBITDA amounted to -$5.7 million. Shareholders own equity worth $37.27 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Splash Beverage Group Inc. (SBEV) price momentum. RSI 9-day as of the close on 22 September was 18.26%, suggesting the stock is oversold, with historical volatility in this time frame at 204.99%.

As of today, SBEV’s price is $1.8950 -34.92% or -$0.6950 from its 5-day moving average. SBEV is currently trading -32.20% lower than its 20-day SMA and -43.94% lower than its 100-day SMA. However, the stock’s current price level is -57.54% below the SMA50 and -6.16% below the SMA200.

The stochastic %K and %D were 41.21% and 58.97%, respectively, and the average true range (ATR) was 0.2238. With the 14-day stochastic at 2.69% and the average true range at 0.2074, the RSI (14) stands at 22.99%. The stock has reached -0.1656 on the 9-day MACD Oscillator while the 14-day reading was at -0.1667.

Analyst Ratings

The consensus rating for Splash Beverage Group Inc. (SBEV) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell SBEV, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.

What is SBEV’s price target for the next 12 months?

Analysts predict a range of price targets between $5.00 and $5.00, with a median target of $5.00. Taking a look at these predictions, the average price target given by analysts for Splash Beverage Group Inc. (SBEV) stock is $5.00.

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