Is New Age Beverages Corporation (NBEV) a Lucrative Addition to Your Portfolio?

    Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of New Age Beverages Corporation (NBEV) was $5.15. Currently, the 1st Resistance Point for this stock is $5.22, with a 2nd Resistance Point sitting at $5.28. Meanwhile, this company’s stock has a 1st Support Level at $5.07 and a 2nd Support Level at $4.98. New Age Beverages Corporation (NBEV) stock has lost -$0.15, or -2.83%, in the past five days. In the last full month, these shares have lost -$0.33, or -6.02%. In the past three months, this stock’s price has fallen by -$1.47, or -22.21%. This year-to-date, New Age Beverages Corporation (NBEV) shares have lost -$0.05, or -0.96%.

    Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For New Age Beverages Corporation (NBEV) stock, 20% of short-term indicators suggest that these shares are a “ Buy .” Meanwhile, 75% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Sell .”

    With 75,393 K shares outstanding, this company currently has a market capitalization of $398,075K. New Age Beverages Corporation (NBEV) generates $52,160 K in annual sales, amounting to annual net income of -$12,140 K. This stock has generated a 1-Year Total Return of 176.88%, a 3-Year Total Return of 692.31%, and a 5-year Total Return of 0.00%. This stock’s 5-Year Dividend Growth is 0.00%. Its Annual Dividend Yield is 0.00%, and its Annual Dividend Rate is 0.00.

    In the most recently-reported fiscal quarter, which ended in Dec-18, New Age Beverages Corporation (NBEV) reported earnings of -$0.18 per share. Wall Street analysts, on average, were expecting the company to report earnings of -$0.03 per share, representing a -0.15 difference and -592.31% surprise. In the previous quarter ending in Sep-18, the reported earnings of -$0.08 represented a -0.03 difference from the consensus estimate calling for -$0.05 per share, which was a -60.00% surprise.

    For the current fiscal quarter, which is set to end in 03/2019, the average earnings estimate is -$0.02 per share. This estimate came from a total of 1 Wall Street Analysts. Of those market experts, the high estimate was -$0.02 and the low estimate was -$0.02. In the year-ago quarter, New Age Beverages Corporation (NBEV) generated per-share earnings of -$0.07. If the analysts are correct about the current quarter’s earnings, the growth will be +71.43% .

    Turning our focus now to insider trading activity, there have been 5 purchases (90,910 shares in total) and 3 sale (318,000 shares in total) in the last 3 months. In the last 6 months, there have been 5 insider buys amounting to 90,910 shares and 3 insider sales amounting to 318,000 shares. In the past full year, 13 insider purchases were made (involving 1,664,469 shares) and 3 insider sell-offs equivalent to 318,000 shares.

    Moving onto liquidity, New Age Beverages Corporation (NBEV) has a Current Ratio of 1.74, a Quick Ratio of 1.07 and a Cash Ratio of 0.77. Looking at this company’s capital structure, its Total Debt to Total Equity is 15.00, its Total Debt to Total Capital is 13.04, and its Total Debt to Total Assets is now 8.08. Looking even further ahead into the future, its Long-Term Debt to Equity is 9.71 and its Long-Term Debt to Total Capital is 8.45.