Splash Beverage Group (NYSEAMERICAN:SBEV) Shares Down 0.3% – Time to Sell?

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) shares traded down 0.3% during mid-day trading on Monday . The stock traded as low as $0.4403 and last traded at $0.47. 1,580,193 shares were traded during mid-day trading, a decline of 76% from the average daily volume of 6,702,038 shares. The stock had previously closed at $0.4715.

Splash Beverage Group Price Performance

The business has a 50 day simple moving average of $0.51 and a 200 day simple moving average of $0.93. The company has a market cap of $1.81 million, a price-to-earnings ratio of -1.09 and a beta of -1.10.

Splash Beverage Group (NYSEAMERICAN:SBEV) last announced its earnings results on Wednesday, August 19th. The company reported ($0.77) earnings per share for the quarter, beating analysts’ consensus estimates of ($12.80) by $12.03.

About Splash Beverage Group

Splash Beverage Group, Inc is a beverage company that develops, markets and distributes branded alcoholic and nonalcoholic drinks. The company focuses on building consumer beverage brands and expanding their retail, foodservice and e-commerce distribution.

Its portfolio has included TapouT Performance, a line of sports and functional beverages; Copa di Vino, which offers wine in single-serve packaging; and Pulpoloco, a sangria brand. The company has also marketed additional beverage products across categories such as hydration, energy and ready-to-drink alcoholic beverages.

Splash Beverage Group is headquartered in Florida and has pursued distribution in the United States and select international markets through retail and distribution partners.