Splash Beverage Group Inc [AMEX: SBEV] price surged by 104.35 percent to reach at $1.44.
The one-year SBEV stock forecast points to a potential upside of 92.95. The average equity rating for SBEV stock is currently 1.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Splash Beverage Group Inc [SBEV]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for SBEV shares is $40.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on SBEV stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
The Average True Range (ATR) for Splash Beverage Group Inc is set at 0.61, with the Price to Sales ratio for SBEV stock in the period of the last 12 months amounting to 0.70.
SBEV Stock Performance Analysis:
Splash Beverage Group Inc [SBEV] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 129.27. With this latest performance, SBEV shares dropped by -51.45% in over the last four-week period, additionally sinking by -72.02% over the last 6 months – not to mention a drop of -80.94% 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 SBEV stock in for the last two-week period is set at 44.87, with the RSI for the last a single of trading hit 55.54, and the three-weeks RSI is set at 40.97 for Splash Beverage Group Inc [SBEV]. The present Moving Average for the last 50 days of trading for this stock 5.4900, while it was recorded at 1.6900 for the last single week of trading, and 9.0200 for the last 200 days.
Insight into Splash Beverage Group Inc Fundamentals:
Splash Beverage Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.10 and a Current Ratio set at 0.17.
Splash Beverage Group Inc [SBEV] Institutonal Ownership Details
There are presently around $5.88%, or 6.77%% of SBEV stock, in the hands of institutional investors. The top three institutional holders of SBEV stocks are: CHOREO, LLC with ownership of 1.37 million shares, which is approximately 25.8989%. GEODE CAPITAL MANAGEMENT, LLC, holding 0.26 million shares of the stock with an approximate value of $$60323.0 in SBEV stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$0.29 million in SBEV stock with ownership which is approximately 2.8082%.
