Splash Beverage Group (NYSEAMERICAN:SBEV) Shares Scheduled to Reverse Split on Friday, March 28th

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV)’s stock is scheduled to reverse split on Friday, March 28th. The 1-40 reverse split was announced on Monday, March 17th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, March 27th.

Splash Beverage Group Stock Performance

Shares of NYSEAMERICAN SBEV opened at $0.07 on Thursday. The firm has a market capitalization of $4.32 million, a PE ratio of -0.16 and a beta of -1.07. Splash Beverage Group has a 12-month low of $0.06 and a 12-month high of $0.53. The company has a fifty day moving average of $0.18.

Analyst Upgrades and Downgrades

Separately, HC Wainwright reduced their price objective on Splash Beverage Group from $1.00 to $0.50 and set a “buy” rating on the stock in a research note on Friday, November 29th.

Splash Beverage Group Company Profile

Splash Beverage Group, Inc engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. It is involved in the manufacture and distribution of non-alcoholic and alcoholic beverages; and retail sale of beverages and groceries online through qplash.com. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa DI Vino name; and Pulpoloco Sangria.