Jones Soda, traded under the ticker symbol OTCMKTS:JSDA, has announced its quarterly earnings results for the period ending recently. The company reported a loss of ($0.01) per share and total revenue of $4.50 million. These figures reflect ongoing challenges for the beverage manufacturer, which has recorded a negative return on equity of 109.95% and a net margin of 32.82%.
In terms of stock performance, shares of Jones Soda remained stable at $0.18 during midday trading on Friday. A total of 108,354 shares changed hands, which is lower than the company’s average trading volume of 132,961 shares. Over the last twelve months, Jones Soda’s stock has fluctuated between a low of $0.15 and a high of $0.35, reflecting significant volatility.
Financial Overview and Market Position
Jones Soda’s current market capitalization stands at approximately $20.28 million. The company’s price-to-earnings ratio is reported at -3.50, indicating a challenging profitability environment. Additionally, the stock has a beta of 1.56, suggesting higher volatility compared to the broader market. A review of the company’s moving averages shows a fifty-day simple moving average of $0.18 and a two-hundred-day simple moving average of $0.19, providing insight into its recent trading performance.
The reported earnings and subsequent stock performance point to the ongoing difficulties faced by Jones Soda. Industry observers are closely monitoring the company as it navigates market challenges and seeks to improve its financial standing.
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