Analysts who follow Newage Inc (NBEV) on average expect it to add 104.08% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy.
That average rating earns Newage Inc an Analyst Ranking of 61, which means it ranks higher than 61 of stocks, based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported.
InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.
What's Happening With Newage Inc Stock Today?
Newage Inc (NBEV) stock is trading at $2.94 as of 3:07 PM on Friday, Dec 11, a drop of -$0.23, or -7.12% from the previous closing price of $3.16. The stock has traded between $2.87 and $3.17 so far today. Volume today is 2,977,300 compared to average volume of 2,403,239.