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Zevia PBC (ZVIA) Receives a Hold from Telsey Advisory
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Zevia PBC (ZVIA) Receives a Hold from Telsey Advisory

In a report released today, Dana Telsey from Telsey Advisory maintained a Hold rating on Zevia PBC (ZVIAResearch Report), with a price target of $3.00. The company’s shares closed yesterday at $1.73.

Telsey covers the Consumer Cyclical sector, focusing on stocks such as Lululemon Athletica, Wolverine World Wide, and Macy’s. According to TipRanks, Telsey has an average return of 3.0% and a 45.00% success rate on recommended stocks.

In addition to Telsey Advisory, Zevia PBC also received a Hold from Goldman Sachs’s Bonnie Herzog in a report issued yesterday. However, today, Loop Capital Markets maintained a Buy rating on Zevia PBC (NYSE: ZVIA).

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The company has a one-year high of $4.80 and a one-year low of $1.38. Currently, Zevia PBC has an average volume of 128.3K.

Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ZVIA in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Zevia PBC (ZVIA) Company Description:

Zevia PBC is a beverage company disrupting the liquid refreshment beverage industry through refreshing, zero-calorie, zero sugar, naturally sweetened beverages that are all Non-GMO Project Verified. It offers a platform of products that include a variety of flavors across Soda, Energy Drinks, Organic Tea, Mixers, Kidz drinks, and Sparkling Water. Its products are distributed across the U.S. and Canada through a network of major retailers in the food, drug, mass, natural, and e-commerce channels.

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