Splash Beverage Group (NYSEAMERICAN:SBEV) Trading 1.5% Higher

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEVGet Rating) shares traded up 1.5% on Friday . The stock traded as high as $1.07 and last traded at $1.03. 84,128 shares traded hands during trading, a decline of 94% from the average session volume of 1,472,945 shares. The stock had previously closed at $1.02.

Splash Beverage Group Stock Up 1.5 %

The company has a quick ratio of 1.53, a current ratio of 1.68 and a debt-to-equity ratio of 0.02.

Hedge Funds Weigh In On Splash Beverage Group

Institutional investors have recently modified their holdings of the business. Vanguard Group Inc. raised its holdings in Splash Beverage Group by 9,981.9% during the first quarter. Vanguard Group Inc. now owns 1,440,700 shares of the company’s stock worth $4,091,000 after purchasing an additional 1,426,410 shares in the last quarter. EAM Investors LLC purchased a new position in Splash Beverage Group during the first quarter worth approximately $772,000. Virtu Financial LLC raised its stake in Splash Beverage Group by 670.5% during the first quarter. Virtu Financial LLC now owns 91,069 shares of the company’s stock worth $259,000 after purchasing an additional 79,250 shares during the period. State Street Corp raised its stake in Splash Beverage Group by 107.7% during the first quarter. State Street Corp now owns 70,000 shares of the company’s stock worth $199,000 after purchasing an additional 36,300 shares during the period. Finally, TRH Financial LLC purchased a new position in shares of Splash Beverage Group in the 2nd quarter valued at $90,000. Institutional investors and hedge funds own 6.11% of the company’s stock.

Splash Beverage Group Company Profile

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Splash Beverage Group, Inc engages in the sale and production of natural and healthy drinks. It offers products under the brands of TapouT, Salt Tequila, Copa Di Vino, and Pulpoloco Sangria. The company was founded on September 3, 1992 and is headquartered in Fort Lauderdale, FL.

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