Splash Beverage Group (SBEV) Projected to Post Earnings on Wednesday

Splash Beverage Group (NYSEAMERICAN:SBEV) is expected to be releasing its results before the market opens on Wednesday, February 25th. Analysts expect Splash Beverage Group to post earnings of ($3.20) per share and revenue of $3.60 million for the quarter.

Splash Beverage Group Trading Down 8.0%

Shares of Splash Beverage Group stock opened at $0.44 on Monday. The stock has a market capitalization of $1.20 million, a P/E ratio of -1.01 and a beta of -1.19. Splash Beverage Group has a 52-week low of $0.34 and a 52-week high of $9.79. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.07 and a current ratio of 0.13. The stock’s 50-day simple moving average is $0.75 and its 200 day simple moving average is $1.38.

Institutional Investors Weigh In On Splash Beverage Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Qube Research & Technologies Ltd bought a new position in shares of Splash Beverage Group in the second quarter worth $46,000. Citadel Advisors LLC bought a new position in Splash Beverage Group in the 3rd quarter worth about $29,000. Finally, Susquehanna International Group LLP bought a new position in Splash Beverage Group in the 3rd quarter worth about $33,000. Institutional investors own 5.77% of the company’s stock.

Splash Beverage Group Company Profile

Splash Beverage Group, Inc is an emerging growth company engaged in the development, acquisition and marketing of consumer beverage brands. The company focuses on non-alcoholic drinks across multiple categories, including functional hydration products, sparkling water blends and children’s beverages. Splash Beverage Group partners with co-packers and distribution networks to scale production and bring its portfolio to market through retail, on-premise and e-commerce channels.

The company’s product lineup includes Water Joe, a line of coffee-infused sparkling waters designed for consumers seeking both caffeine and refreshment in a single beverage.