National Beverage (NASDAQ:FIZZ) Sets New 52-Week Low at $43.14

National Beverage Corp. (NASDAQ:FIZZ) hit a new 52-week low during mid-day trading on Tuesday . The stock 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 stock’s fifty day moving average is $48.03 and its 200 day moving average is $48.23. The stock has a market cap of $4.12 billion, a P/E ratio of 24.15 and a beta of 0.84.

National Beverage (NASDAQ:FIZZ) last posted its quarterly earnings data on Thursday, March 7th. The company reported $0.42 earnings per share (EPS) for the quarter. The business had revenue of $270.07 million during the quarter. National Beverage had a return on equity of 38.23% and a net margin of 14.34%.

Insider Buying and Selling

In other National Beverage news, Director Cecil D. Conlee sold 12,000 shares of the business’s stock in a transaction on Tuesday, April 9th. The shares were sold at an average price of $47.94, for a total transaction of $575,280.00. Following the transaction, the director now owns 60,480 shares in the company, valued at $2,899,411.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 75.00% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On National Beverage

Several hedge funds have recently bought and sold shares of FIZZ. Principal Financial Group Inc. grew its position in shares of National Beverage by 0.3% during the 1st quarter. Principal Financial Group Inc. now owns 121,734 shares of the company’s stock worth $5,777,000 after buying an additional 315 shares in the last quarter. Simplicity Wealth LLC purchased a new position in shares of National Beverage in the 1st quarter valued at $657,000. Assenagon Asset Management S.A. raised its position in shares of National Beverage by 38.9% in the 1st quarter. Assenagon Asset Management S.A. now owns 138,041 shares of the company’s stock worth $6,551,000 after acquiring an additional 38,642 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of National Beverage by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 2,751,778 shares of the company’s stock worth $136,818,000 after purchasing an additional 49,441 shares during the last quarter. Finally, PEAK6 Investments LLC boosted its position in National Beverage by 4,312.5% during the fourth quarter. PEAK6 Investments LLC now owns 33,700 shares of the company’s stock valued at $1,676,000 after purchasing an additional 34,500 shares in the last quarter. Institutional investors own 23.95% of the company’s stock.

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.