Alkaline Water (NASDAQ:WTER – Get Free Report) will likely be issuing its resultson Wednesday, June 3rd. Analysts expect the company to announce earnings of ($3,750.00) per share and revenue of $13.00 million for the quarter.
Alkaline Water Trading Down 9.1%
Shares of NASDAQ:WTER opened at $0.05 on Wednesday. The firm’s 50 day moving average is $0.07 and its two-hundred day moving average is $0.08. Alkaline Water has a 52 week low of $0.02 and a 52 week high of $0.45. The firm has a market capitalization of $1.78 million, a P/E ratio of -1.25 and a beta of 8.97.
About Alkaline Water
The Alkaline Water Company, Inc (NASDAQ:WTER) is a U.S.-based beverage company focused on the manufacturing, marketing and distribution of premium alkaline water products. Its flagship brand, Alkaline88, features purified water enhanced with a proprietary blend of electrolytes and minerals to maintain a pH of 8.8. Packaged in BPA-free bottles of various sizes, the product is positioned to meet growing consumer demand for clean-label, functional hydration.
Alkaline88 is distributed through a multi‐channel network that includes major grocery chains, convenience stores, foodservice operators and specialty retailers across the United States and Canada, with selected exports to international markets.
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