National Beverage (NASDAQ:FIZZ) Stock Price Crosses Above 200 Day Moving Average – Time to Sell?

National Beverage Corp. (NASDAQ:FIZZ)’s share price crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $34.31 and traded as high as $37.39. National Beverage shares last traded at $37.24, with a volume of 316,383 shares.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on FIZZ. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of National Beverage in a report on Friday, March 27th. UBS Group increased their price target on shares of National Beverage from $34.00 to $35.00 and gave the stock a “sell” rating in a report on Monday, March 16th. Two research analysts have rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell” and an average target price of $35.00.

National Beverage Trading Up 1.2%

The stock’s fifty day moving average price is $34.44 and its 200 day moving average price is $34.31. The stock has a market cap of $3.49 billion, a P/E ratio of 18.53 and a beta of 0.74.

National Beverage (NASDAQ:FIZZ) last issued its quarterly earnings results on Thursday, March 12th. The company reported $0.44 EPS for the quarter, hitting analysts’ consensus estimates of $0.44. The firm had revenue of $264.59 million for the quarter, compared to analyst estimates of $271.06 million. National Beverage had a net margin of 15.71% and a return on equity of 36.00%.

Institutional Investors Weigh In On National Beverage

A number of institutional investors have recently made changes to their positions in FIZZ. Hantz Financial Services Inc. boosted its position in National Beverage by 366.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 859 shares of the company’s stock valued at $32,000 after buying an additional 675 shares during the period. AlphaQuest LLC purchased a new stake in National Beverage during the 3rd quarter valued at $33,000. Rockefeller Capital Management L.P. boosted its position in National Beverage by 958.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 900 shares of the company’s stock valued at $29,000 after buying an additional 815 shares during the period. Osaic Holdings Inc. boosted its position in National Beverage by 72.5% during the 2nd quarter. Osaic Holdings Inc. now owns 1,018 shares of the company’s stock valued at $44,000 after buying an additional 428 shares during the period. Finally, Advisory Services Network LLC purchased a new stake in National Beverage during the 3rd quarter valued at $39,000. Hedge funds and other institutional investors own 23.95% of the company’s stock.

National Beverage Company Profile

National Beverage Corp. (NASDAQ: FIZZ) is a U.S.-based beverage company specializing in the development, marketing and production of nonalcoholic refreshment products. The company’s portfolio includes a range of sparkling waters, soft drinks and energy beverages designed for a variety of consumer tastes and dietary preferences. Through in-house bottling operations and strategic partnerships with co-packers, National Beverage manages production from flavor formulation to final packaging and distribution.

Founded in 1985, National Beverage has broadened its product lineup over the decades through both organic brand introductions and selective acquisitions.