The Alkaline Water Company Inc. [WTER] has traded in a range of $0.40 to $2.60 in the last 1 year. As of this writing, the stock is at $1.68, up 4.35%. To check whether the stock’s short-term amount has a thrust, its good to check stock’s recent movement. Over the last week, WTER shares are 15.86% up with the monthly amount drift of 23.53% and seems well in a long time frame.

On 14, October 2020, Alkaline88® Launches New 2-Liter Single-Serve and Six Pack to Meet Customer Demand. According to news published on Yahoo Finance, HomeGoods, a T.J. Maxx company, to carry the new 2-liter offering in 500 stores.

Analyst Birdseye View:

The most recent analyst activity for The Alkaline Water Company Inc. [NASDAQ:WTER] stock was on July 24, 2020, when it was Upgrade with a Buy rating from H.C. Wainwright. Before that, on August 18, 2020, Canaccord Genuity Recapitulated a Speculative buy rating and elevated its amount target to $3.25. On June 08, 2020, ROTH Capital Initiated a Buy rating and boosted its price target on this stock to $3.50.

In the past 52 weeks of trading, this stock has oscillated between a low of $0.40 and a peak of $2.60. Right now, the middling Wall Street analyst 12-month amount mark is $3.25. At the most recent market close, shares of The Alkaline Water Company Inc. [NASDAQ:WTER] were valued at $1.68.

FUNDAMENTAL ANALYSIS

The Alkaline Water Company Inc. [NASDAQ:WTER] most recently reported quarterly sales of 14.22 billion, which represented growth of 39.20%. This publicly-traded organization’s revenue is $1,523,794 per employee, while its income is -$549,142 per employee. This company’s Gross Margin is currently 41.10%, its Operating Margin is -27.10%, its Pretax Margin is -36.04, and its Net Margin is -36.04. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at -86.99, -228.47, -122.36 and -228.47 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 82.00 and the whole liability to whole assets at 47.36.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 1.6000 points at 1st support level, the second support level is making up to 1.5200. But as of 1st resistance point, this stock is sitting at 1.7200 and at 1.7600 for 2nd resistance point.

The Alkaline Water Company Inc. [WTER] reported its earnings at -$0.05 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at -$0.08/share signifying the difference of 0.03 and 37.50% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were -$0.08 calling estimates for -$0.06/share with the difference of -0.02 depicting the surprise of -33.30%.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for The Alkaline Water Company Inc. [NASDAQ:WTER] is 1.30. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.33. Now if looking for a valuation of this stock’s amount to sales ratio it’s 0.63 and it’s amount to book ratio is 16.90.