National Beverage (NASDAQ:FIZZ) Shares Down 2.6% - Defense World

National Beverage Corp. (NASDAQ:FIZZ – Get Free Report) shares dropped 2.6% during trading on Friday . The stock traded as low as $48.44 and last traded at $49.13. Approximately 15,479 shares were traded during mid-day trading, a decline of 90% from the average daily volume of 161,993 shares. The stock had previously closed at $50.46.

National Beverage Stock Performance

The company has a 50 day moving average of $49.37 and a two-hundred day moving average of $48.50. The stock has a market capitalization of $4.65 billion, a PE ratio of 27.54 and a beta of 0.85.

National Beverage (NASDAQ:FIZZ – Get Free Report) last posted its quarterly earnings results on Thursday, December 7th. The company reported $0.47 earnings per share for the quarter, meeting the consensus estimate of $0.47. The business had revenue of $300.07 million for the quarter. National Beverage had a return on equity of 40.27% and a net margin of 14.34%.

Institutional Trading of National Beverage

Several large investors have recently added to or reduced their stakes in FIZZ. Bessemer Group Inc. purchased a new stake in National Beverage during the 4th quarter valued at about $25,000. Quarry LP purchased a new position in National Beverage during the second quarter worth approximately $28,000. Headlands Technologies LLC purchased a new position in National Beverage during the fourth quarter worth approximately $30,000. GAMMA Investing LLC purchased a new position in National Beverage during the fourth quarter worth approximately $34,000. Finally, US Bancorp DE boosted its position in National Beverage by 302.5% during the fourth quarter. US Bancorp DE now owns 801 shares of the company’s stock worth $40,000 after purchasing an additional 602 shares in the last quarter. Hedge funds and other institutional investors own 23.09% of the company’s stock.

About National Beverage

(Get Free Report)

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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