The Alkaline Water Company Inc. with ticker code (WTER) have now 4 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 3.5 and 1.1 with a mean TP of 2.52. With the stocks previous close at 1.13 this would imply there is a potential upside of 123.0%. The 50 day MA is 1.07 and the 200 day moving average is 1.45. The market capitalisation for the company is $85m. Company Website: http://www.thealkalinewaterco.com
The Alkaline Water Company Inc. produces, distributes, and markets bottled alkaline water in the United States. It also provides flavored bottled alkaline water in various flavors, including raspberry, watermelon, lemon, lemon lime, peach mango, blood orange, and cucumber mint. The company offers bottled alkaline water in various volumes under the Alkaline88 brand. In addition, it engages in selling of hemp-derived CBD topical and ingestible products under the A88CBD brand. It 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. The company was founded in 2012 and is based in Scottsdale, Arizona.