Castle Brands Incorporated (ROX): Today's Featured Consumer Goods Loser
The consumer goods sector closed the day up 2.2%. Glg Life Tech (GLGL), Supreme Industries Inc (STS), Ocean Bio-Chem Inc (OBCI), and Griffin Land & Nurseries Inc (GRIF) were all decliners today within the consumer goods sector with Castle Brands Incorporated (ROX) being today's featured consumer goods loser. Castle Brands Incorporated fell one cent (-4.5%) to 21 cents on light volume. Throughout the day, 980 shares of Castle Brands Incorporated exchanged hands as compared to its average daily volume of 29,300 shares. Castle Brands Inc. engages in the development, importation, marketing, and sale of vodka, whiskey, rums, tequila, liqueurs, and wines in the United States, Canada, Europe, Latin America and the Caribbean. Castle Brands Incorporated has a market cap of $23.4 million and is part of the food & beverage industry. Shares are down 38.9% year to date as of the close of trading on Wednesday. TheStreet Ratings rates Castle as a sell. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, feeble growth in its earnings per share and generally disappointing historical performance in the stock itself.
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