Jones Soda (OTCMKTS:JSDA) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

Jones Soda Co. (OTCMKTS:JSDA)’s stock price passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $0.36 and traded as low as $0.25. Jones Soda shares last traded at $0.26, with a volume of 543,897 shares changing hands.

Jones Soda Price Performance

The business has a fifty day simple moving average of $0.31 and a 200 day simple moving average of $0.36. The firm has a market cap of $26.30 million, a price-to-earnings ratio of -5.17 and a beta of 1.03.

Jones Soda (OTCMKTS:JSDA) last issued its quarterly earnings data on Tuesday, August 13th. The company reported ($0.02) EPS for the quarter. Jones Soda had a negative return on equity of 72.73% and a negative net margin of 25.74%. The company had revenue of $7.16 million during the quarter.

About Jones Soda

Jones Soda Co, together with its subsidiaries, engages in development, production, marketing, and distribution of beverages primarily in the United States, Canada, and internationally. The company provides craft sodas under the Jones Soda and Lemoncocco brands; and tetrahydrocannabinol infused cannabis products under the Mary Jones brand name.