12:21 pm
NewAge with ticker code (NBEV) have now 2 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 5 and 5 with a mean TP of 5. Given that the stocks previous close was at 2.83 this would imply there is a potential upside of 76.7%. The 50 day moving average now sits at 2.99 and the 200 moving average now moves to 2.23. The market capitalisation for the company is $358m. Company Website: http://www.newagebev.com
New Age Beverages Corporation develops, markets, sells, and distributes healthy liquid dietary supplements and ready-to-drink (RTD) beverages. The company offers RTD tea, coffee, kombucha, energy drinks, relaxation drinks, coconut waters, functional waters, and rehydration beverages, as well as functional medical beverages. It provides its products under the Xing Tea, Marley, Búcha Live Kombucha, Coco-Libre, Evian, Volvic, Tahitian Noni Juice, TruAge, Aspen Pure, PediaAde, Coco Libre, BioShield, and N