Zevia PBC (NYSE:ZVIA – Get Free Report) Director Padraic L. Spence sold 36,300 shares of the stock in a transaction that occurred on Wednesday, March 27th. The stock was sold at an average price of $1.02, for a total value of $37,026.00. Following the sale, the director now directly owns 1,717,240 shares in the company, valued at approximately $1,751,584.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.
Zevia PBC Trading Up 10.5 %
NYSE:ZVIA traded up $0.11 during trading hours on Thursday, hitting $1.16. 167,202 shares of the company were exchanged, compared to its average volume of 145,938. The stock has a market capitalization of $83.35 million, a price-to-earnings ratio of -2.75 and a beta of 0.61. Zevia PBC has a one year low of $0.98 and a one year high of $4.80. The company has a fifty day simple moving average of $1.49 and a 200 day simple moving average of $1.86.
Zevia PBC (NYSE:ZVIA – Get Free Report) last posted its quarterly earnings data on Tuesday, February 27th. The company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.13) by ($0.01). Zevia PBC had a negative return on equity of 29.55% and a negative net margin of 12.91%. The business had revenue of $37.79 million during the quarter, compared to the consensus estimate of $37.75 million. During the same period last year, the business posted ($0.10) earnings per share. Equities research analysts predict that Zevia PBC will post -0.32 earnings per share for the current fiscal year.
Institutional Trading of Zevia PBC
Wall Street Analyst Weigh In
A number of equities research analysts recently issued reports on the company. Telsey Advisory Group reissued a “market perform” rating and set a $4.00 price target on shares of Zevia PBC in a research report on Wednesday, February 21st. Morgan Stanley reduced their target price on Zevia PBC from $3.00 to $2.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 28th. Four analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $4.17.
Get Our Latest Analysis on Zevia PBC
Zevia PBC Company Profile
Zevia PBC, a beverage company, develops, markets, sells, and distributes various carbonated beverages in the United States and Canada. It offers soda, energy drinks, organic tea, and kidz drinks. The company offers its products through a network of food, drug, warehouse club, mass, natural, convenience, and e-commerce channels, as well as grocery distributors and natural product stores and specialty outlets.
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