New Age Beverages Corporation [NASDAQ: NBEV] stock went up by 17.26% or 0.34 points up from its previous closing price of $1.97. The stock reached $2.31 during the last trading session. During the course of the last 5 trading session in the week, NBEV share price went up during 2 out of 5 days, that way gaining +16.08% in the period of the last 7 days.
NBEV had two major price movements with the latest trading session as the price jumped to a high of $2.40, at one point touching $1.92. The latest high is set lower that the high price recorded in the period of the last 52 weeks, set at $2.40. The 52-week high currently stands at $6.73 distance from the present share price, noting recovery -65.11% after the recent low of $1.66.
New Age Beverages Corporation [NASDAQ:NBEV]: Analyst Rating and Earnings
Its stock price has been found in the range of 1.66 to 6.73. This is compared to its latest closing price of $1.97.
Keep your eyes on this company’s next financial results, which are scheduled to be made public on Today During Market Hours (Confirmed).
Fundamental Analysis of New Age Beverages Corporation [NBEV]
Now let’s turn to look at profitability: with a current Operating Margin for New Age Beverages Corporation [NBEV] sitting at -30.84 and its Gross Margin at +13.39, this company’s Net Margin is now -12.80%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.
This company’s Return on Total Capital is -13.52, and its Return on Invested Capital has reached -6.60%. Its Return on Equity is -11.71, and its Return on Assets is -6.84. These metrics suggest that this New Age Beverages Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, New Age Beverages Corporation [NBEV] has generated a Total Debt to Total Equity ratio of 15.00. Similarly, its Total Debt to Total Capital is 13.04, while its Total Debt to Total Assets stands at 8.08. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is -15.06, and its Long-Term Debt to Total Capital is 9.71.
What about valuation? This company’s Enterprise Value to EBITDA is -8.50. The Enterprise Value to Sales for this firm is now 0.56, and its Total Debt to Enterprise Value stands at 0.10. New Age Beverages Corporation [NBEV] has a Price to Book Ratio of 2.53.
Shifting the focus to workforce efficiency, New Age Beverages Corporation [NBEV] earns $58,673 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 6.03 and its Total Asset Turnover is 0.29. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 1.07 and its Current Ratio is 1.74. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.
New Age Beverages Corporation [NBEV] has 81.25M shares outstanding, amounting to a total market cap of $187.69M. Its stock price has been found in the range of 1.66 to 6.73. At its current price, it has moved down by -65.68% from its 52-week high, and it has moved up 39.16% from its 52-week low.
This stock’s Beta value is currently 2.15, which indicates that it is 8.76% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 71.86. This RSI suggests that New Age Beverages Corporation is currently Overbought.
Conclusion: Is New Age Beverages Corporation [NBEV] a Reliable Buy?
Shares of New Age Beverages Corporation [NBEV], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.