Technical analysis:
- MACD: LONG
- RSI: Around 60 -> LONG
- MOMENTUM: Above 0 -> Neutral -> LONG
- OBV: NEUTRAL/LONG
Fundamental analysis:
NBEV became one of the 40 largest non-alcoholic beverage companies and the fastest growing one worldwide, with its stock recently rising from a market cap of $50 million to over $400 million.
With its CBD-Drinks NBEV is one if the first companies, that produces these kind of products and if the legalization get thru the whole US and if CBDs in drinks will be allowed and it looks like it will be allowed, NBEV has a huge potential to maximize their profit. Also NBEV created CBDs drinks, which are attractive for the costumer. Other companies didn't solved that problem. So NBEV is outrider in this market gap.
- MACD: LONG
- RSI: Around 60 -> LONG
- MOMENTUM: Above 0 -> Neutral -> LONG
- OBV: NEUTRAL/LONG
Fundamental analysis:
NBEV became one of the 40 largest non-alcoholic beverage companies and the fastest growing one worldwide, with its stock recently rising from a market cap of $50 million to over $400 million.
With its CBD-Drinks NBEV is one if the first companies, that produces these kind of products and if the legalization get thru the whole US and if CBDs in drinks will be allowed and it looks like it will be allowed, NBEV has a huge potential to maximize their profit. Also NBEV created CBDs drinks, which are attractive for the costumer. Other companies didn't solved that problem. So NBEV is outrider in this market gap.