Splash Beverage Group (NYSEAMERICAN:SBEV) Trading Up 2.6% – Still a Buy?

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV)’s stock price was up 2.6% on Friday . The company traded as high as $0.23 and last traded at $0.22. Approximately 1,502,537 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 9,235,176 shares. The stock had previously closed at $0.21.

Analyst Upgrades and Downgrades

Separately, HC Wainwright decreased their price target on Splash Beverage Group from $1.00 to $0.50 and set a “buy” rating for the company in a research report on Friday, November 29th.

Splash Beverage Group Stock Up 2.6 %

The stock has a market cap of $13.29 million, a price-to-earnings ratio of -0.50 and a beta of -1.16.

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.