Castle Brands Inc (NYSE:ROX) Issues Earnings Results
Castle Brands Inc (NYSE:ROX) issued its quarterly earnings data on Wednesday. The company reported ($0.01) EPS for the quarter, Bloomberg Earnings reports. The business had revenue of $20.85 million during the quarter, compared to analyst estimates of $18.18 million. Castle Brands had a net margin of 3.10% and a return on equity of 6.81%.
Castle Brands (NYSE:ROX) traded down 3.66% on Friday, reaching $1.58. 779,428 shares of the company’s stock were exchanged. The firm’s 50 day moving average is $1.80 and its 200 day moving average is $1.49. The stock’s market capitalization is $259.60 million. Castle Brands has a 1-year low of $0.65 and a 1-year high of $2.22.
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Separately, Zacks Investment Research cut shares of Castle Brands from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th.
Castle Brands Company Profile
Castle Brands Inc develops and markets premium and super premium brands in the beverage alcohol categories. The Company is engaged in the sale of premium beverage alcohol. Its beverage alcohol categories include rum, whiskey, liqueurs, vodka and tequila. Its brands include Gosling’s rum, Gosling’s Stormy Ginger Beer, Gosling’s Dark ‘n Stormy ready-to-drink cocktail, Jefferson’s bourbon, Jefferson’s Reserve, Jefferson’s Ocean Aged at Sea, Jefferson’s Wine Finish Collection, Jefferson’s The Manhattan: Barrel Finished Cocktail, Jefferson’s Chef’s Collaboration, Jefferson’s Wood Experiment, Jefferson’s Presidential Select, Jefferson’s Rye whiskey, Pallini liqueurs, Clontarf Irish whiskey, Knappogue Castle Whiskey, Brady’s Irish Cream, Boru vodka, Tierras tequila, Celtic Honey liqueur and Gozio amaretto.
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