In a report released today, Michael Grondahl from Northland Securities maintained a Hold rating on NewAge (NBEV). The company’s shares closed last Monday at $2.01.
According to TipRanks.com, Grondahl is a 5-star analyst with an average return of 27.5% and a 59.0% success rate. Grondahl covers the Financial sector, focusing on stocks such as Altisource Portfolio Solutions SA, International Money Express, and WisdomTree Investments.
NewAge has an analyst consensus of Hold.
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The company has a one-year high of $4.55 and a one-year low of $1.23. Currently, NewAge has an average volume of 2.29M.
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New Age Beverages Corp. is a beverage company, which engages in the development, marketing, sales and distribution of Ready-to-Drink beverages. Its brands include Marley, Xing, Bucha, CoCo libre and WaterisLife. The company was founded by Neil Fallon on April 26, 2010 and is headquartered in Denver, CO.
