Splash Beverage Group (NYSEAMERICAN:SBEV) Stock Scheduled to Reverse Split on Monday, July 27th

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV)’s stock is scheduled to reverse split on Monday, July 27th. The 1-4 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, July 26th.

Splash Beverage Group Stock Performance

Shares of NYSEAMERICAN:SBEV opened at $0.37 on Thursday. The stock has a market cap of $4.11 million, a PE ratio of -0.87 and a beta of -1.16. The stock’s fifty day simple moving average is $0.19 and its two-hundred day simple moving average is $0.39. Splash Beverage Group has a 1-year low of $0.09 and a 1-year high of $3.35.

Splash Beverage Group (NYSEAMERICAN:SBEV) last posted its quarterly earnings data on Wednesday, May 20th. The company reported ($0.47) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($3.20) by $2.73. The firm had revenue of $0.00 million for the quarter, compared to analysts’ expectations of $4.20 million.

Institutional Investors Weigh In On Splash Beverage Group

A number of institutional investors have recently added to or reduced their stakes in the company. Qube Research & Technologies Ltd bought a new position in shares of Splash Beverage Group during the 2nd quarter worth approximately $46,000. Susquehanna International Group LLP bought a new position in shares of Splash Beverage Group in the third quarter valued at approximately $33,000. Finally, Citadel Advisors LLC bought a new position in shares of Splash Beverage Group in the third quarter valued at approximately $29,000. 5.77% of the stock is owned by institutional investors.

Splash Beverage Group Company Profile

Splash Beverage Group, Inc is an emerging growth company engaged in the development, acquisition and marketing of consumer beverage brands. The company focuses on non-alcoholic drinks across multiple categories, including functional hydration products, sparkling water blends and children’s beverages. Splash Beverage Group partners with co-packers and distribution networks to scale production and bring its portfolio to market through retail, on-premise and e-commerce channels.

The company’s product lineup includes Water Joe, a line of coffee-infused sparkling waters designed for consumers seeking both caffeine and refreshment in a single beverage.