The Alkaline Water Company Inc. (NASDAQ:WTER – Get Free Report)’s stock price was down 7.7% during mid-day trading on Wednesday . The company traded as low as $0.11 and last traded at $0.12. Approximately 144,311 shares traded hands during trading, a decline of 46% from the average daily volume of 266,235 shares. The stock had previously closed at $0.13.
Alkaline Water Stock Performance
The stock has a 50 day moving average of $0.09 and a 200 day moving average of $0.08. The stock has a market capitalization of $2.36 million, a P/E ratio of -3.00 and a beta of 6.22.
About Alkaline Water
The Alkaline Water Company Inc produces, distributes, and markets bottled alkaline water in the United States. The company also offers bottled alkaline water in various volumes under the Alkaline88 brand. In addition, it engages in selling of sports drinks under the Alkaline88 Sports Drinks brand. The company sells its products through brokers and distributors to retailers, such as convenience stores, natural food products stores, large ethnic markets, and national retailers, as well as e-commerce websites.
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