NewAge stock has undergone multiple analysts rating changes in the recent past. NewAge Upgraded by Zacks Investment Research on 10/13/2021. In a note to investors, the firm issued a new rating of Hold. The analysts previously had rating of Strong Sell.
Shares of NewAge traded up $0.04 on Tuesday, reaching $1.43. 355 shares of the stock traded hands, compared to its average volume of 970483. Shares of NewAge were trading at $1.43 on Tuesday. The firm’s 50 day moving average is $1.66 and its 200 day moving average is $2.36.NewAge has a 12 month low of $1.39 and a 12 month high of $4.55. While on yearly highs and lows, NewAge’s today has traded high as $1.43 and has touched $1.39 on the downward trend. See More Analyst Rating at: RATING
NewAge Earnings and What to expect:
NewAge last issued its quarterly earnings data on August 9th, 2021. The reported ($0.19) EPS for the quarter, missing analysts’ consensus estimates of ($0.02) by $0.17. The company earned $124.04 million during the quarter, compared to analyst estimates of $127.71 million. NewAge has generated ($0.41) earnings per share over the last year (($0.35) diluted earnings per share). Earnings for NewAge are expected to grow in the coming year, from ($0.13) to $0.13 per share. NewAge has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Monday, November 8th, 2021 based off prior year’s report dates.
Earnings for NewAge are expected to grow in the coming year, from ($0.13) to $0.13 per share. The P/E ratio of NewAge is -4.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of NewAge is -4.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. NewAge has a P/B Ratio of 1.20. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.
NewAge (NBEV) Moving Average Technical Analysis
5 day Moving Average is $1.42 And 5 day price change is $0.02 (1.42%) with average volume for 5 day average is 629,860. While technical analysis for average 20 days shows significant difference, 20 day moving average is $1.41 and 20 day price change is -$0.03 (-2.05%) and average 20 day moving volume is 886,020. 50 day moving average is $1.66 and 50 day price change is -$0.56 ( -28.14%) and with average volume for 50 days is : 1,075,330. 200 day moving average is $2.36 and 200 day price change is -$1.59 (-52.65%) and with average volume for 200 days is : 1,708,317.
Other owners latest trading in NewAge :
- On 9/3/2021 shares held by Parametric Portfolio Associates LLC were 95,793 which equates to market value of $0.21M and appx 0.00% owners of NewAge
- On 8/23/2021 shares held by Morgan Stanley were 605,217 which equates to market value of $1.35M and appx 0.00% owners of NewAge
- On 8/17/2021 shares held by Wells Fargo & Company MN were 111,417 which equates to market value of $0.25M and appx 0.00% owners of NewAge
- In total Institutional ownership equates to Institutional Ownership Percentage: 25.09% for NewAge
See More Analyst Rating at: RATING