Splash Beverage Group (NYSEAMERICAN:SBEV) Stock Price Down 1.7% – Here’s What Happened

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV)’s share price fell 1.7% on Monday . The company traded as low as $1.68 and last traded at $1.69. 37,041 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 1,236,916 shares. The stock had previously closed at $1.72.

Splash Beverage Group Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 0.12 and a quick ratio of 0.06. The stock has a market cap of $3.62 million, a price-to-earnings ratio of -3.93 and a beta of -1.32. The business’s 50-day simple moving average is $2.06 and its two-hundred day simple moving average is $7.09.

Institutional Trading of Splash Beverage Group

A hedge fund recently bought a new stake in Splash Beverage Group stock. Qube Research & Technologies Ltd purchased a new stake in shares of Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 12,300 shares of the company’s stock, valued at approximately $46,000. Qube Research & Technologies Ltd owned about 0.57% of Splash Beverage Group as of its most recent filing with the Securities & Exchange Commission. 5.77% of the stock is owned by hedge funds and other institutional investors.

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.