NewroadTrader

Buy $NBEV - NRPicks 30 Abr

Long
NASDAQ:NBEV   None
NewAge, Inc. is a company that develops, markets, sells, and distributes healthy products in the United States, Japan, China, and internationally. The company operates in two segments: Direct Sales and Direct Store. Provides health, personal care, nutraceutical, and diagnostic products.

NBEV is a smallcap that could come from a significant setback since March and could have found an ideal floor for a rebound, especially in a scenario where the indices had been registering all-time highs except for the IWM.

2020
- Revenue $ 279M
- P / S 1.03
- P / B 1.66
- LT Debt / EQUITY 0.22
Trade closed: stop reached:
10 May

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