Splash Beverage Group (NYSEAMERICAN:SBEV) Shares Down 0.3% – Time to Sell?

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) shares fell 0.3% during mid-day trading on Wednesday. The stock traded as low as $0.4403 and last traded at $0.47. 1,580,193 shares traded hands during mid-day trading, a decline of 76% from the average daily volume of 6,702,038 shares. The stock had previously closed at $0.4715.

Splash Beverage Group Stock Down 0.3%

The stock’s 50-day simple moving average is $0.47 and its 200 day simple moving average is $1.09. The company has a market cap of $1.81 million, a price-to-earnings ratio of -1.09 and a beta of -1.10.

Splash Beverage Group (NYSEAMERICAN:SBEV) last announced its quarterly earnings results on Wednesday, August 19th. The company reported ($0.77) earnings per share for the quarter, beating analysts’ consensus estimates of ($12.80) by $12.03.

Splash Beverage Group Company Profile

Splash Beverage Group, Inc is a beverage company that develops, manufactures, markets and distributes alcoholic and non-alcoholic drinks. The company focuses on building branded beverage products and expanding their availability through retail, food-service and other distribution channels.

Its portfolio has included TapouT Performance, a sports and functional hydration beverage line, and Copa di Vino, a single-serve wine brand. Splash Beverage Group has also marketed additional beverage products, including flavored and specialty drinks, as it works to serve consumers seeking convenient hydration, performance-oriented beverages and ready-to-enjoy alcoholic products.

The company has operated primarily in the United States and has pursued broader distribution through retail and strategic beverage partnerships.