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Tuesday, January 31, 2023

Analysts Point To The Alkaline Water Company Inc. (NASDAQ: WTER) Growth In The Future

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for The Alkaline Water Company Inc. (WTER) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.0036, or 1.53%, to $0.239. The The Alkaline Water Company Inc. has recorded 28,321 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that The Alkaline Water Company Adds Two New Direct-Store-Delivery Partners.


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Stocks Info

As a NASDAQ listed company, WTER falls under the Consumer Defensive sector while operating within the Beverages – Non-Alcoholic industry segment. At the end of the last regular session, the stock closed at $0.24 and fluctuated between $0.2450 as its day high and $0.2274 as its day low. The current market capitalization of The Alkaline Water Company Inc. is $34.36M. A total of 0.85 million shares were traded on the day, compared to an average of 1.09M shares.

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, WTER has seen 4 BUY and 0 SELL insider trades, representing the acquisition of 755,000 and the disposition of 0 shares. Over the last 12 months, there were 13 BUYs and 0 SELLs from insiders. Insiders purchased 2,725,833 shares during that period but sold 0.

In the most recent transaction, RAUCH DAVID ERIC bought 180,000 shares of WTER for 0.67 per share on Nov 23. After the transaction, the Director now owns 100,000 company shares.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for WTER in the last 3 months, the mean price target is $1.50 with high estimates of $1.50 and low estimates of $1.50. In terms of 52-week highs and lows, WTER has a high of $1.19 and a low of $0.14.

As of this writing, WTER has an earnings estimate of -$0.05 per share for the current quarter. EPS was calculated based on a consensus of 1 estimates, with a high estimate of -$0.05 per share and a lower estimate of -$0.05. The company reported an EPS of -$0.11 in the last quarter, which was -10.00% lower than expectations of -$0.1.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 1 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WTER is Buy with a score of 5.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 0 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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