Jones Soda (OTCMKTS:JSDA) Stock Price Breaks Below 200-Day Moving Average – Here’s What Happened

Shares of Jones Soda Co. (OTCMKTS:JSDA) passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of $0.29 and traded as low as $0.2415. Jones Soda shares last traded at $0.26, with a volume of 71,093 shares trading hands.

Jones Soda Stock Down 4.0%

The stock’s 50 day moving average price is $0.30 and its two-hundred day moving average price is $0.29. The stock has a market cap of $29.34 million, a price-to-earnings ratio of -5.87 and a beta of 1.15.

Jones Soda (OTCMKTS:JSDA) last posted its earnings results on Thursday, August 13th. The company reported ($0.01) earnings per share (EPS) for the quarter. Jones Soda had a negative net margin of 10.50% and a negative return on equity of 192.69%. The business had revenue of $10.17 million for the quarter.

Jones Soda Company Profile

Jones Soda Co is a beverage company that develops, markets and distributes non-alcoholic drinks under the Jones Soda brand. Its product lineup has historically centered on carbonated soft drinks, including cane-sugar sodas, zero-calorie varieties and a range of distinctive flavors packaged in bottles and cans.

The company’s brand is known for its unconventional flavor names, consumer-submitted bottle artwork and interactive marketing. In addition to its core soda products, Jones Soda has expanded into other beverage categories and has explored products designed for evolving consumer preferences, including functional and cannabis-related beverages where permitted by applicable regulations.

Jones Soda sells its products primarily in the United States and Canada through retail locations, distributors, direct-store delivery networks and online channels.