The Alkaline Water Company Inc. (NASDAQ:WTER – Get Free Report)’s stock price fell 7.7% during trading on Wednesday . The stock traded as low as $0.11 and last traded at $0.12. 144,311 shares traded hands during trading, a decline of 46% from the average session volume of 266,235 shares. The stock had previously closed at $0.13.
Alkaline Water Stock Performance
The stock has a market capitalization of $2.36 million, a P/E ratio of -3.00 and a beta of 6.22. The business has a 50 day simple moving average of $0.09 and a 200-day simple moving average of $0.08.
Alkaline Water Company Profile
The Alkaline Water Company Inc produces, distributes, and markets bottled alkaline water in the United States. The company also offers bottled alkaline water in various volumes under the Alkaline88 brand. In addition, it engages in selling of sports drinks under the Alkaline88 Sports Drinks brand. The company sells its products through brokers and distributors to retailers, such as convenience stores, natural food products stores, large ethnic markets, and national retailers, as well as e-commerce websites.
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