Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV – Free Report) shares are scheduled to reverse split on Friday, March 28th. The 1-40 reverse split was announced on Monday, March 17th. The number of shares owned by shareholders will be adjusted after the market closes on Thursday, March 27th.
Splash Beverage Group Stock Performance
Splash Beverage Group stock opened at $0.07 on Thursday. Splash Beverage Group has a 1-year low of $0.06 and a 1-year high of $0.53. The firm has a market capitalization of $4.32 million, a PE ratio of -0.16 and a beta of -1.07. The company has a fifty day simple moving average of $0.18.
Analyst Ratings Changes
Separately, HC Wainwright cut their target price on Splash Beverage Group from $1.00 to $0.50 and set a “buy” rating on the stock in a research report on Friday, November 29th.
About Splash Beverage Group
Splash Beverage Group, Inc engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. It is involved in the manufacture and distribution of non-alcoholic and alcoholic beverages; and retail sale of beverages and groceries online through qplash.com. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa DI Vino name; and Pulpoloco Sangria.
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