Castle Brands (NYSEAMERICAN:ROX) posted its quarterly earnings results on Thursday. The company reported $0.00 earnings per share (EPS) for the quarter, Yahoo Finance Previews reports. Castle Brands had a negative return on equity of 0.32% and a net margin of 1.34%. The business had revenue of $24.08 million for the quarter, compared to analyst estimates of $20.51 million.

Shares of Castle Brands (ROX) traded up $0.09 during midday trading on Friday, reaching $1.22. The company’s stock had a trading volume of 1,390,000 shares, compared to its average volume of 390,638. Castle Brands has a 1 year low of $0.72 and a 1 year high of $2.22.

An institutional investor recently bought a new position in Castle Brands stock. California State Teachers Retirement System purchased a new stake in shares of Castle Brands Inc (NYSEAMERICAN:ROX) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 153,800 shares of the company’s stock, valued at approximately $265,000. California State Teachers Retirement System owned 0.09% of Castle Brands as of its most recent filing with the Securities and Exchange Commission (SEC).

Several equities research analysts have weighed in on the company. Zacks Investment Research raised Castle Brands from a “sell” rating to a “hold” rating in a research report on Wednesday, December 6th. TheStreet raised Castle Brands from a “d+” rating to a “c-” rating in a research report on Tuesday, November 28th. Finally, Roth Capital assumed coverage on Castle Brands in a research report on Thursday, February 1st. They issued a “buy” rating and a $2.60 target price on the stock.

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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.

Earnings History for Castle Brands (NYSEAMERICAN:ROX)

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