Alkaline Water (CVE:WTER) Shares Down 0.8% – Should You Sell?

Alkaline Water Company Inc (CVE:WTER)’s stock price was down 0.8% during trading on Thursday . The stock traded as low as C$1.26 and last traded at C$1.28. Approximately 6,309 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 15,937 shares. The stock had previously closed at C$1.29.

Alkaline Water Stock Down 0.8 %

The business has a 50 day moving average price of C$1.28 and a 200 day moving average price of C$1.28. The company has a quick ratio of 0.84, a current ratio of 1.33 and a debt-to-equity ratio of 66.88. The stock has a market cap of C$75.50 million and a PE ratio of -3.79.

Alkaline Water Company Profile

The Alkaline Water Company Inc produces, distributes, and markets bottled alkaline water in the United States. It also provides flavored bottled alkaline water. The company offers its products in various volumes under the Alkaline88 and Alkaline88 Flavored names. It sells its products through brokers and distributors to retailers, such as convenience stores, natural food products stores, large ethnic markets, and national retailers.