Castle Brands Inc (NYSE:ROX) released its quarterly earnings results on Wednesday. The company reported ($0.01) earnings per share for the quarter, Bloomberg Earnings reports. Castle Brands had a net margin of 3.10% and a return on equity of 6.81%. The business had revenue of $20.85 million during the quarter, compared to analysts’ expectations of $18.18 million.
Castle Brands (NYSE:ROX) traded down 3.66% during mid-day trading on Friday, hitting $1.58. The company’s stock had a trading volume of 906,008 shares. The stock’s market cap is $259.60 million. The company’s 50 day moving average is $1.80 and its 200-day moving average is $1.49. Castle Brands has a 52-week low of $0.65 and a 52-week high of $2.22.
Separately, Zacks Investment Research cut Castle Brands from a “buy” rating to a “hold” rating in a report on Wednesday, April 19th.
Castle Brands Company Profile
Castle Brands Inc develops and markets premium and super premium brands in the beverage alcohol categories. The Company is engaged in the sale of premium beverage alcohol. Its beverage alcohol categories include rum, whiskey, liqueurs, vodka and tequila. Its brands include Gosling’s rum, Gosling’s Stormy Ginger Beer, Gosling’s Dark ‘n Stormy ready-to-drink cocktail, Jefferson’s bourbon, Jefferson’s Reserve, Jefferson’s Ocean Aged at Sea, Jefferson’s Wine Finish Collection, Jefferson’s The Manhattan: Barrel Finished Cocktail, Jefferson’s Chef’s Collaboration, Jefferson’s Wood Experiment, Jefferson’s Presidential Select, Jefferson’s Rye whiskey, Pallini liqueurs, Clontarf Irish whiskey, Knappogue Castle Whiskey, Brady’s Irish Cream, Boru vodka, Tierras tequila, Celtic Honey liqueur and Gozio amaretto.
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