The Alkaline Water Company Inc. [NASDAQ: WTER] stock went on an upward path that rose over 0.75% on Tuesday, amounting to a one-week price decrease of less than 0.00%. Over the last 12 months, WTER stock dropped by -20.24%. The average equity rating for WTER stock is currently 2.30, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $72.91 million, with 43.69 million shares outstanding. Compared to the average trading volume of 720.00K shares, WTER stock reached a trading volume of 1747427 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on The Alkaline Water Company Inc. [WTER]:
ROTH Capital have made an estimate for The Alkaline Water Company Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 08, 2020.
The Average True Range (ATR) for The Alkaline Water Company Inc. is set at 0.12, with the Price to Sales ratio for WTER stock in the period of the last 12 months amounting to 1.97. The Price to Book ratio for the last quarter was 13.40, with the Price to Cash per share for the same quarter was set at 0.08.
WTER Stock Performance Analysis:
The Alkaline Water Company Inc. [WTER] fell into the red zone at the end of the last week, falling into a negative trend and dropping by 0.00. With this latest performance, WTER shares gained by 46.53% in over the last four-week period, additionally plugging by 22.94% over the last 6 months – not to mention a drop of -20.24% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WTER stock in for the last two-week period is set at 61.74, with the RSI for the last a single of trading hit 60.79, and the three-weeks RSI is set at 61.53 for The Alkaline Water Company Inc. [WTER]. The present Moving Average for the last 50 days of trading for this stock 1.0323, while it was recorded at 1.2860 for the last single week of trading, and 1.2116 for the last 200 days.
Insight into The Alkaline Water Company Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and The Alkaline Water Company Inc. [WTER] shares currently have an operating margin of -25.04 and a Gross Margin at +38.40. The Alkaline Water Company Inc.’s Net Margin is presently recorded at -26.76.
Return on Total Capital for WTER is now -91.26, given the latest momentum, and Return on Invested Capital for the company is -145.85. Return on Equity for this stock declined to -145.85, with Return on Assets sitting at -70.24. When it comes to the capital structure of this company, The Alkaline Water Company Inc. [WTER] has a Total Debt to Total Equity ratio set at 27.57. Additionally, WTER Total Debt to Total Capital is recorded at 21.61, with Total Debt to Total Assets ending up at 16.94.
Reflecting on the efficiency of the workforce at the company, The Alkaline Water Company Inc. [WTER] managed to generate an average of -$506,916 per employee. Receivables Turnover for the company is 11.36 with a Total Asset Turnover recorded at a value of 2.62.The Alkaline Water Company Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.10 and a Current Ratio set at 1.30.
WTER Stock EPS
With the latest financial reports released by the company, The Alkaline Water Company Inc. posted -0.08/share EPS, while the average EPS was predicted by analysts to be reported at -0.01/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -700.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WTER.
The Alkaline Water Company Inc. [WTER] Insider Position Details
There are presently around $4 million, or 5.60% of WTER stock, in the hands of institutional investors. The top three institutional holders of WTER stocks are: VANGUARD GROUP INC with ownership of 1,709,496, which is approximately 0% of the company’s market cap and around 9.50% of the total institutional ownership; BLACKROCK INC., holding 340,329 shares of the stock with an approximate value of $0.45 million in WTER stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $0.42 million in WTER stock with ownership of nearly 0% of the company’s market capitalization.
Positions in The Alkaline Water Company Inc. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 11 institutional holders increased their position in The Alkaline Water Company Inc. [NASDAQ:WTER] by around 283,313 shares. Additionally, 13 investors decreased positions by around 161,311 shares, while 13 investors held positions by with 2,867,578 shares. The mentioned changes placed institutional holdings at 3,312,202 shares, according to the latest SEC report filing. WTER stock had 5 new institutional investments in for a total of 246,680 shares, while 9 institutional investors sold positions of 140,510 shares during the same period.