Splash Beverage Group, Inc. (EDVA) Stock AnalysisEDVASplash Beverage Group, Inc.

Endovia Health Sciences, Inc., formerly Splash Beverage Group, Inc. seeks to identify, acquire, and build early stage or under-valued beverage brands that have growth potential within its distribution system. The Company’s distribution system is comprehensive in the United States and is expanding to select international markets. Through its division Qplash, Splash’s distribution reach includes e-commerce access to both business-to-business (B2B) and business-to-consumer (B2C) customers. It markets beverage brands to customers throughout the United States that prefer delivery direct to their office, facilities, or homes. Its segments include Splash Beverage Group and E-Commerce. The Company's Splash Beverage Group segment includes the manufacture and distribution of non-alcoholic and alcoholic branded beverages. The E-commerce segment is engaged in the sale of e-commerce beverages. Its brands include Copa di Vino single-serve wine, Pulpoloco Sangria, SALT Tequila, and Chispo Tequila.

Endovia Health Sciences, Inc. (EDVA) is currently trading at $0.19, which is significantly below its 52-week high of $0.47, indicating potential upside. However, the company has a troubling financial performance, with a gross margin of 43.75% in the most recent quarter but a negative net income of -2.20 per share. The RSI is at 68.838, suggesting it may be overbought. Given the high volatility and significant year-to-date decline of 59.92%, it may be wise to hold rather than buy at this moment.