Sell 5/5/2022Upgraded
NewAge, Inc. (NBEVQ) was upgraded to D- from E+ on 05/05/2022.

Sell 4/20/2022Downgrade
NewAge, Inc. (NBEV) was downgraded to E+ from D- on 4/20/2022 due to a decline in the total return index, volatility index and solvency index.

Sell 2/3/2022Downgrade
NewAge, Inc. (NBEV) was downgraded to D- from D on 2/3/2022 due to a decline in the volatility index and total return index.

Sell 11/10/2021Upgraded
NewAge, Inc. (NBEVQ) was upgraded to D from D- on 11/10/2021.

Sell 11/8/2021Downgrade
NewAge, Inc. (NBEV) was downgraded to D- from D on 11/8/2021 due to a major decline in the total return index and volatility index.

Sell 5/11/2021Downgrade
NewAge, Inc. (NBEV) was downgraded to D from D+ on 5/11/2021 due to a significant decline in the growth index. Earnings per share declined from -$0.037 to -$0.1396.

Sell 3/30/2021Upgraded
NewAge, Inc. (NBEV) was upgraded to D+ from D on 3/30/2021 due to a substantial increase in the growth index and valuation index. EBIT increased 79.23% from -$8.04M to -$1.67M, earnings per share increased from -$0.1445 to -$0.037, and total revenue increased 44.17% from $62.72M to $90.42M.

Sell 8/13/2019Downgrade
New Age Beverages Corporation (NBEV) was downgraded to D from D+ on 8/13/2019 due to a major decline in the total return index, solvency index and growth index. Earnings per share declined from -$0.0215 to -$0.153, operating cash flow declined 178% from $11.44M to -$8.92M, and the quick ratio declined from 1.18 to 1.13.

Sell 4/3/2019Downgrade
New Age Beverages Corporation (NBEV) was downgraded to D+ from C- on 4/3/2019 due to a noticeable decline in the total return index, growth index and valuation index. EBIT declined 103.44% from -$3.41M to -$6.94M, and operating cash flow declined 25.19% from -$6.84M to -$8.57M.

Hold 3/14/2019Downgrade
New Age Beverages Corporation (NBEV) was downgraded to C- from C on 3/14/2019 due to a decline in the total return index.

Hold 2/19/2019Upgraded
New Age Beverages Corporation (NBEV) was upgraded to C from C- on 2/19/2019 due to an increase in the valuation index and volatility index.

Hold 2/1/2019Downgrade
New Age Beverages Corporation (NBEV) was downgraded to C- from C on 2/1/2019 due to a decline in the valuation index, total return index and volatility index.

Hold 11/15/2018Upgraded
New Age Beverages Corporation (NBEV) was upgraded to C from C- on 11/15/2018 due to a large increase in the solvency index, growth index and efficiency index. The quick ratio increased from 0.59 to 11.96, debt to equity declined from 0.18 to 0.05, and total capital increased 52.57% from $61.42M to $93.71M.

Hold 11/14/2018Upgraded
New Age Beverages Corporation (NBEV) was upgraded to C- from D+ on 11/14/2018 due to a substantial increase in the total return index, valuation index and volatility index.

Sell 10/31/2018Upgraded
New Age Beverages Corporation (NBEV) was upgraded to D+ from D on 10/31/2018 due to a large increase in the total return index, valuation index and growth index. Total revenue increased 15.61% from $11.56M to $13.36M.

Sell 11/15/2017Downgrade
New Age Beverages Corporation (NBEV) was downgraded to D from D+ on 11/15/2017 due to a large decline in the growth index, total return index and efficiency index. Earnings per share declined from $0.08 to -$0.02, net income declined 119.22% from $2.5M to -$479.9, and EBIT declined 24.2% from -$333.9 to -$414.7.

Sell 9/13/2017Downgrade
New Age Beverages Corporation (NBEV) was downgraded to D+ from C- on 9/13/2017 due to a large decline in the total return index.

Hold 8/16/2017Upgraded
New Age Beverages Corporation (NBEV) was upgraded to C- from D on 8/16/2017 due to a significant increase in the solvency index, efficiency index and total return index. Net income increased 452.94% from -$707.4 to $2.5M, debt to equity declined from 0.22 to 0.03, and total capital increased 74.66% from $35.19M to $61.47M.

Sell 8/23/2016Upgraded
New Age Beverages Corporation (NBEV) was upgraded to D from D- on 8/23/2016 due to a significant increase in the total return index, volatility index and solvency index.

Sell 5/6/2016Upgraded
American Brewing Company, Inc. (ABRW) was upgraded to D- from E+ on 5/6/2016 due to an increase in the efficiency index, total return index and volatility index. Net income increased 56.92% from -$668 to -$287.8.

Sell 4/7/2016Downgrade
American Brewing Company, Inc. (ABRW) was downgraded to E+ from D- on 4/7/2016 due to a decline in the valuation index and total return index.

Sell 3/11/2016Downgrade
American Brewing Company, Inc. (ABRW) was downgraded to D- from D on 3/11/2016 due to a major decline in the volatility index and total return index.

Sell 1/13/2016Upgraded
American Brewing Company, Inc. (ABRW) was upgraded to D from D- on 1/13/2016 due to an increase in the total return index and valuation index.

Sell 12/24/2015Downgrade
American Brewing Company, Inc. (ABRW) was downgraded to D- from D on 12/24/2015 due to a significant decline in the growth index, efficiency index and valuation index. EBIT declined 37.11% from -$501.5 to -$315.4, total revenue declined 35% from $940 to $611, and total capital declined 27.76% from $2.04M to $1.47M.

Sell 9/1/2015Upgraded
American Brewing Company, Inc. (ABRW) was upgraded to D from D- on 9/1/2015 due to a significant increase in the growth index, efficiency index and valuation index. Operating cash flow increased 402.14% from -$60.7 to -$304.8, total revenue increased 286.2% from $243.4 to $940, and EBIT increased 138.36% from -$171 to -$407.6.

Sell 5/1/2015Upgraded
American Brewing Company, Inc. (ABRW) was upgraded to D- from E on 5/1/2015 due to an increase in the growth index, efficiency index and volatility index. Total capital increased 5.69% from $527.5 to $557.5.

Sell 2/2/2015Upgraded
American Brewing Company, Inc. (ABRW) was upgraded to E from E- on 2/2/2015 due to a large increase in the solvency index, total return index and valuation index.

Sell 10/30/2014None
NewAge, Inc. (NBEVQ) was downgraded to E- from U on 10/30/2014.