NewAge Inc. (NBEV) is priced at $4.37 after the most recent trading session. At the very opening of the session, the stock price was $4.42 and reached a high price of $4.55, prior to closing the session it reached the value of $4.18. The stock touched a low price of $3.96.
Recently in News on December 1, 2020, NewAge Upgrades Financial Flexibility With the Addition of a New $30 Million Debt Facility. Total unrestricted cash balance now in excess of $50MM. You can read further details here
NewAge Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $4.55 on 02/10/21, with the lowest value was $2.52 for the same time period, recorded on 01/04/21.
NewAge Inc. (NBEV) full year performance was 119.60%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, NewAge Inc. shares are logging 3.55% during the 52-week period from high price, and 345.46% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.98 and $4.22.
The company’s shares, operating in the sector of Consumer Defensive managed to top a trading volume set approximately around 8706680 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the NewAge Inc. (NBEV) recorded performance in the market was 66.16%, having the revenues showcasing 65.53% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 400.29M, as it employees total of 934 workers.
Analysts verdict on NewAge Inc. (NBEV)
During the last month, 0 analysts gave the NewAge Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 2.74, with a change in the price was noted +2.57. In a similar fashion, NewAge Inc. posted a movement of +142.78% for the period of last 100 days, recording 2,399,713 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for NBEV is recording 0.43 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.41.
NewAge Inc. (NBEV): Technical Analysis
Raw Stochastic average of NewAge Inc. in the period of last 50 days is set at 91.13%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 90.16%. In the last 20 days, the company’s Stochastic %K was 94.84% and its Stochastic %D was recorded 90.23%.
Let’s take a glance in the erstwhile performances of NewAge Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 66.16%. Additionally, trading for the stock in the period of the last six months notably improved by 107.11%, alongside a boost of 119.60% for the period of the last 12 months. The shares increased approximately by 36.56% in the 7-day charts and went down by 52.80% in the period of the last 30 days. Common stock shares were driven by 65.53% during last recorded quarter.