Could Craft Brew Alliance, Inc. (BREW) Recover After Today’s Huge Decline?

Investors sentiment increased to 1.42 in 2019 Q1. Its up 0.62, from 0.8 in 2018Q4. It improved, as 6 investors sold Craft Brew Alliance, Inc. shares while 18 reduced holdings. 13 funds opened positions while 21 raised stakes. 6.73 million shares or 0.01% more from 6.73 million shares in 2018Q4 were reported.
Washington Tru Bancshares accumulated 879 shares. Putnam Invests Ltd reported 149,948 shares. Signaturefd Limited Co has invested 0% in Craft Brew Alliance, Inc. (NASDAQ:BREW). Citadel Advsr Ltd Com holds 0% of its portfolio in Craft Brew Alliance, Inc. (NASDAQ:BREW) for 27,873 shares. California State Teachers Retirement System holds 0% of its portfolio in Craft Brew Alliance, Inc. (NASDAQ:BREW) for 19,951 shares. Commercial Bank Of Montreal Can reported 1,328 shares or 0% of all its holdings. United Kingdom-based Barclays Pcl has invested 0% in Craft Brew Alliance, Inc. (NASDAQ:BREW). Raymond James Ser Advsr Incorporated has invested 0% in Craft Brew Alliance, Inc. (NASDAQ:BREW). Bancorporation Of America De stated it has 0% of its portfolio in Craft Brew Alliance, Inc. (NASDAQ:BREW). Glenmede Trust Company Na holds 83 shares. Wedge Capital Mngmt L Lp Nc has invested 0.02% in Craft Brew Alliance, Inc. (NASDAQ:BREW). Dimensional Fund Advsrs L P holds 0.01% or 1.36 million shares in its portfolio. Charles Schwab Inv Inc has 28,482 shares for 0% of their portfolio. Moreover, Bnp Paribas Arbitrage has 0% invested in Craft Brew Alliance, Inc. (NASDAQ:BREW) for 2,664 shares. Geode Cap accumulated 139,849 shares or 0% of the stock.

The stock of Craft Brew Alliance, Inc. (NASDAQ:BREW) is a huge mover today! The stock decreased 10.02% or $1.4 during the last trading session, reaching $12.57. About 172,064 shares traded or 71.20% up from the average. Craft Brew Alliance, Inc. (NASDAQ:BREW) has declined 19.02% since August 14, 2018 and is downtrending. It has underperformed by 19.02% the S&P500.
The move comes after 6 months negative chart setup for the $244.68 million company. It was reported on Aug, 14 by Barchart.com. We have $11.69 PT which if reached, will make NASDAQ:BREW worth $17.13M less.

Craft Brew Alliance, Inc. (NASDAQ:BREW) Ratings Coverage

Among 2 analysts covering Craft Brewers Alliance (NASDAQ:BREW), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Craft Brewers Alliance had 5 analyst reports since March 7, 2019 according to SRatingsIntel. On Thursday, March 7 the stock rating was maintained by Maxim Group with “Buy”. The stock has “Hold” rating by Citigroup on Monday, March 11.

More notable recent Craft Brew Alliance, Inc. (NASDAQ:BREW) news were published by: Nasdaq.com which released: “3 Stocks That Look Like Death – Nasdaq” on July 18, 2019, also Nasdaq.com with their article: “AB InBev (BUD) Q2 Earnings & Sales Beat, Premiumization Aids – Nasdaq” published on July 25, 2019, Nasdaq.com published: “Noteworthy Friday Option Activity: BREW, WMT, SPLK – Nasdaq” on August 02, 2019. More interesting news about Craft Brew Alliance, Inc. (NASDAQ:BREW) were released by: Nasdaq.com and their article: “About to Buy Penny Stocks? Look at These 3 Companies First – Nasdaq” published on April 30, 2019 as well as Nasdaq.com‘s news article titled: “Tuesday’s Vital Data: Uber, Pfizer and Roku – Nasdaq” with publication date: August 13, 2019.

Craft Brew Alliance, Inc. brews and sells craft beers and ciders under the Kona, Widmer Brothers, Redhook, Omission, and Square Mile brand names in the United States. The company has market cap of $244.68 million. It operates in two divisions, Beer Related Operations and Brewpubs Operations. It currently has negative earnings. The firm sells its beers directly to clients in draft, cans, and bottles at restaurants, bars, and liquor stores; and in cans and bottles at supermarkets, warehouse clubs, convenience stores, and drug stores, as well as directly to clients at its brewpubs and breweries.

Craft Brew Alliance, Inc. (NASDAQ:BREW) Institutional Positions Chart

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