Overall market sentiment has been high on Splash Beverage Group Inc (SBEV) stock lately. SBEV receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Splash Beverage Group Inc has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on SBEV!
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive.
InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend.
Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .
What's Happening With SBEV Stock Today?
Splash Beverage Group Inc (SBEV) stock is trading at $0.57 as of 2:46 PM on Thursday, Feb 15, a gain of $0.07, or 14.46% from the previous closing price of $0.50. The stock has traded between $0.40 and $0.59 so far today. Volume today is more active than usual. So far 519,802 shares have traded compared to average volume of 183,556 shares.
More About Splash Beverage Group Inc
Splash Beverage Group Inc specializes in manufacturing, distribution, and sales & marketing of various beverages across multiple channels. SBG operates in both the non-alcoholic and alcoholic beverage segments. The company's operations has its own vertically integrated B-to-B and B-to-C e-commerce distribution platform called Qplash, further expanding its distribution abilities and visibility. Its brands include TapouT and Salt Tequila. The company operates in two segments: Splash Beverage Group and E-Commerce.
Click Here to get the full Stock Report for Splash Beverage Group Inc stock.
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
