National Beverage (NASDAQ:FIZZ) Sets New 12-Month Low – Should You Sell?

National Beverage Corp. (NASDAQ:FIZZ)’s stock price hit a new 52-week low during trading on Wednesday . The company traded as low as $41.98 and last traded at $42.15, with a volume of 30636 shares traded. The stock had previously closed at $42.89.

National Beverage Trading Down 0.9 %

The business’s fifty day simple moving average is $45.96 and its 200-day simple moving average is $46.55. The firm has a market cap of $3.98 billion, a P/E ratio of 21.35 and a beta of 0.86.

National Beverage (NASDAQ:FIZZ) last issued its quarterly earnings data on Thursday, December 5th. The company reported $0.49 earnings per share for the quarter. National Beverage had a net margin of 15.63% and a return on equity of 42.80%.

Insiders Place Their Bets

In other news, Director Cecil D. Conlee sold 2,736 shares of National Beverage stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $47.01, for a total value of $128,619.36. Following the transaction, the director now owns 53,744 shares of the company’s stock, valued at $2,526,505.44. The trade was a 4.84 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 74.80% of the company’s stock.

Institutional Trading of National Beverage

Several institutional investors and hedge funds have recently bought and sold shares of FIZZ. Canada Pension Plan Investment Board purchased a new stake in shares of National Beverage in the second quarter valued at about $31,000. Quarry LP grew its position in National Beverage by 584.9% in the 2nd quarter. Quarry LP now owns 637 shares of the company’s stock valued at $33,000 after buying an additional 544 shares during the last quarter. Blue Trust Inc. grew its position in National Beverage by 323.0% in the 3rd quarter. Blue Trust Inc. now owns 643 shares of the company’s stock valued at $33,000 after buying an additional 491 shares during the last quarter. KBC Group NV lifted its holdings in National Beverage by 89.3% in the fourth quarter. KBC Group NV now owns 1,357 shares of the company’s stock valued at $58,000 after acquiring an additional 640 shares during the period. Finally, GAMMA Investing LLC increased its position in National Beverage by 43.6% during the 4th quarter. GAMMA Investing LLC now owns 1,594 shares of the company’s stock worth $68,000 after purchasing an additional 484 shares in the last quarter. 23.95% of the stock is currently owned by institutional investors and hedge funds.

About National Beverage

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.