National Beverage Corp. (NASDAQ:FIZZ - Get Free Report)'s share price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $43.14 and last traded at $43.51, with a volume of 9039 shares changing hands. The stock had previously closed at $43.72.
National Beverage Stock Performance
The firm has a market capitalization of $4.16 billion, a P/E ratio of 24.59 and a beta of 0.84. The stock has a 50 day moving average of $47.91 and a 200-day moving average of $48.22.
National Beverage (NASDAQ:FIZZ - Get Free Report) last announced its quarterly earnings results on Thursday, March 7th. The company reported $0.42 EPS for the quarter. The company had revenue of $270.07 million for the quarter. National Beverage had a net margin of 14.34% and a return on equity of 38.23%.
Insider Buying and Selling
In other news, Director Cecil D. Conlee sold 12,000 shares of the stock in a transaction dated Tuesday, April 9th. The shares were sold at an average price of $47.94, for a total value of $575,280.00. Following the sale, the director now directly owns 60,480 shares of the company's stock, valued at $2,899,411.20. The sale was disclosed in a legal filing with the SEC, which is available at this link. 75.00% of the stock is currently owned by insiders.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the company. Headlands Technologies LLC bought a new stake in shares of National Beverage during the 4th quarter valued at about $30,000. GAMMA Investing LLC bought a new stake in National Beverage during the fourth quarter valued at approximately $34,000. Covestor Ltd grew its stake in National Beverage by 12.9% in the 3rd quarter. Covestor Ltd now owns 2,621 shares of the company's stock worth $123,000 after buying an additional 299 shares in the last quarter. SG Americas Securities LLC bought a new position in shares of National Beverage in the 4th quarter worth $175,000. Finally, Mutual of America Capital Management LLC purchased a new stake in shares of National Beverage during the 4th quarter valued at $203,000. 23.95% of the stock is currently owned by hedge funds and other institutional investors.
National Beverage Company Profile
(
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National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix, LaCroix Cúrate, and LaCroix NiCola; non-carbonated flavored water under the Clear Fruit; energy drink and shots under the Rip It; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr.
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