The Alkaline Water Company Inc. (NASDAQ:WTER – Get Rating)’s stock price rose 2.7% during mid-day trading on Thursday . The stock traded as high as $0.36 and last traded at $0.36. Approximately 338,644 shares changed hands during mid-day trading, a decline of 59% from the average daily volume of 819,435 shares. The stock had previously closed at $0.35.
Alkaline Water Stock Performance
The stock has a market cap of $50.80 million, a P/E ratio of -0.97 and a beta of 1.96. The firm has a 50-day moving average price of $0.47 and a 200-day moving average price of $0.45.
Alkaline Water (NASDAQ:WTER – Get Rating) last announced its earnings results on Thursday, July 14th. The company reported ($0.10) earnings per share (EPS) for the quarter. Alkaline Water had a negative return on equity of 616.70% and a negative net margin of 62.56%. The firm had revenue of $16.12 million during the quarter. On average, research analysts predict that The Alkaline Water Company Inc. will post -0.25 earnings per share for the current year.
About Alkaline Water
The Alkaline Water Company Inc produces, distributes, and markets bottled alkaline water in the United States. The company also offers bottled alkaline water in various volumes under the Alkaline88 brand. In addition, it engages in selling of hemp-derived CBD bottled water under the Alkaline88CBD brand; and sports drinks under the Alkaline88 Sports Drinks brand.
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