Splash Beverage Group (NYSEAMERICAN:SBEV) Stock Price Down 4.1% – Should You Sell?

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) traded down 4.1% during mid-day trading on Friday . The stock traded as low as $1.25 and last traded at $1.2750. 64,501 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 3,923,901 shares. The stock had previously closed at $1.33.

Splash Beverage Group Stock Down 4.1%

The company has a market capitalization of $3.25 million, a PE ratio of -2.97 and a beta of -1.24. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.07 and a current ratio of 0.13. The stock’s 50 day moving average is $1.56 and its 200 day moving average is $2.17.

Splash Beverage Group (NYSEAMERICAN:SBEV) last released its quarterly earnings data on Wednesday, November 19th. The company reported ($4.51) earnings per share for the quarter, missing analysts’ consensus estimates of ($2.80) by ($1.71). The company had revenue of $0.98 million for the quarter, compared to analyst estimates of $3.77 million. On average, sell-side analysts anticipate that Splash Beverage Group, Inc. will post -0.35 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in SBEV. Susquehanna International Group LLP purchased a new stake in shares of Splash Beverage Group in the third quarter worth about $33,000. Citadel Advisors LLC purchased a new stake in Splash Beverage Group in the 3rd quarter worth approximately $29,000. Finally, Qube Research & Technologies Ltd bought a new position in Splash Beverage Group in the 2nd quarter valued at $46,000. Hedge funds and other institutional investors own 5.77% of the company’s stock.

About Splash Beverage Group

Splash Beverage Group, Inc engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. It is involved in the manufacture and distribution of non-alcoholic and alcoholic beverages; and retail sale of beverages and groceries online through qplash.com. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa DI Vino name; and Pulpoloco Sangria.