New Age Beverage Corporation (NASDAQ:NBEV) will release its earnings data before the market opens on Tuesday, November 14th. Analysts expect New Age Beverage Corporation to post earnings of $0.01 per share for the quarter.

Shares of New Age Beverage Corporation (NBEV) opened at $2.12 on Friday. New Age Beverage Corporation has a one year low of $1.54 and a one year high of $7.20. The company has a quick ratio of 1.32, a current ratio of 2.38 and a debt-to-equity ratio of 0.11.

In other New Age Beverage Corporation news, Director Timothy J. Haas bought 85,000 shares of the firm’s stock in a transaction dated Friday, August 25th. The shares were purchased at an average cost of $3.49 per share, for a total transaction of $296,650.00. Following the transaction, the director now owns 30,000 shares of the company’s stock, valued at $104,700. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Neil Fallon sold 38,881 shares of the company’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $4.53, for a total transaction of $176,130.93. Following the sale, the director now owns 5,354,858 shares in the company, valued at $24,257,506.74. The disclosure for this sale can be found here. 48.59% of the stock is currently owned by corporate insiders.

An institutional investor recently bought a new position in New Age Beverage Corporation stock. Northern Trust Corp bought a new stake in shares of New Age Beverage Corporation (NASDAQ:NBEV) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 29,377 shares of the company’s stock, valued at approximately $151,000. Northern Trust Corp owned approximately 0.09% of New Age Beverage Corporation at the end of the most recent quarter. Institutional investors own 14.04% of the company’s stock.

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Several brokerages have commented on NBEV. Zacks Investment Research cut shares of New Age Beverage Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, October 19th. TheStreet cut shares of New Age Beverage Corporation from a “c” rating to a “d+” rating in a research note on Monday, August 7th. Finally, Roth Capital began coverage on shares of New Age Beverage Corporation in a research note on Thursday, July 27th. They issued a “buy” rating and a $7.50 price target on the stock. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. New Age Beverage Corporation presently has a consensus rating of “Buy” and an average target price of $6.00.

New Age Beverage Corporation Company Profile

The New Age Beverage Corporation, formerly Bucha, Inc, is a healthy functional beverage company. The Company is the owner of XingTea, XingEnergy, Aspen Pure and the Bucha Live Kombucha brands. The Company’s bucha Live Kombucha is a gluten free, organic certified, sparkling kombucha tea and is distributed in health and grocery chains across North America.

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