Splash Beverage Group Inc (SBEV) stock expected to rise by 194.12%: What’s driving the optimism?

A share price of Splash Beverage Group Inc [SBEV] is currently trading at $0.17, up 1.04%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SBEV shares have gain 18.72% over the last week, with a monthly amount drifted -10.26%, and not seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Splash Beverage Group Inc experienced fluctuations in its stock price throughout the past year between $0.14 and $0.73. Currently, Wall Street analysts expect the stock to reach $0.5 within the next 12 months. Splash Beverage Group Inc [AMEX: SBEV] shares were valued at $0.17 at the most recent close of the market. An investor can expect a potential return of 194.12% based on the average SBEV price forecast.

Analyzing the SBEV fundamentals

Trailing Twelve Months sales for Splash Beverage Group Inc [AMEX:SBEV] were 6.26M which represents -80.91% decline. Gross Profit Margin for this corporation currently stands at -0.24% with Operating Profit Margin at -2.06%, Pretax Profit Margin comes in at -3.31%, and Net Profit Margin reading is -3.31%. To continue investigating profitability, this company’s Return on Assets is posted at -2.48, Equity is 2.28 and Total Capital is 1.37. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.1633 points at the first support level, and at 0.1515 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1845, and for the 2nd resistance point, it is at 0.1939.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Splash Beverage Group Inc [AMEX:SBEV] is 0.17. In addition, the Quick Ratio stands at 0.10 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 1.75.

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