FIZZ
National Beverage Corp. Consumer Defensive - Beverages - Non-Alcoholic Investor Relations →
National Beverage Corp. (FIZZ) closed at $34.09 as of 2026-03-20, trading 21.9% below its 200-week moving average of $43.63. This places FIZZ in the extreme value zone. The stock is currently moving closer to the line, down from -18.2% last week. The 14-week RSI sits at 51, indicating neutral momentum.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.97 ratio) is neutral — neither side is clearly dominating.
Over the past 1753 weeks of data, FIZZ has crossed below its 200-week moving average 22 times. On average, these episodes lasted 18 weeks. Historically, investors who bought FIZZ at the start of these episodes saw an average one-year return of +48.2%.
With a market cap of $3.2 billion, FIZZ is a mid-cap stock. The company generates a free cash flow yield of 3.8%. Return on equity stands at 37.9%, indicating strong profitability. The stock trades at 5.3x book value.
FIZZ passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.2 years, a hypothetical investment of $100 in FIZZ would have grown to $17131, compared to $2683 for the S&P 500. That represents an annualized return of 16.7% vs 10.4% for the index — confirming FIZZ as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 17.8% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: FIZZ vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After FIZZ Crosses Below the Line?
Across 22 historical episodes, buying FIZZ when it crossed below its 200-week moving average produced an average return of +45.3% after 12 months (median +41.0%), compared to +10.0% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +98.1% vs +25.4% for the index.
Each line shows $100 invested at the moment FIZZ crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
FIZZ has crossed below its 200-week MA 22 times with an average 1-year return of +48.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 1992 | Nov 1993 | 66 | 34.3% | -13.4% | +16613.0% |
| Jan 1994 | Sep 1994 | 37 | 24.8% | +23.8% | +16215.0% |
| May 1995 | May 1995 | 1 | 1.2% | +100.0% | +15473.4% |
| Jun 1995 | Jul 1995 | 3 | 1.2% | +129.5% | +15473.4% |
| Dec 1995 | Jan 1996 | 4 | 12.2% | +268.4% | +17932.4% |
| Aug 1999 | Jan 2001 | 73 | 26.9% | -17.0% | +4975.8% |
| Feb 2001 | Apr 2001 | 9 | 11.6% | +50.6% | +4663.8% |
| Jul 2001 | Jul 2001 | 1 | 0.2% | +56.1% | +4658.6% |
| Oct 2005 | Nov 2005 | 5 | 2.5% | +75.5% | +2555.7% |
| Nov 2005 | Dec 2005 | 4 | 1.0% | +91.2% | +2534.2% |
| Nov 2007 | Dec 2007 | 5 | 7.7% | +8.5% | +1731.6% |
| Dec 2007 | Aug 2008 | 31 | 15.4% | +25.2% | +1771.9% |
| Oct 2008 | Nov 2008 | 7 | 11.9% | +46.2% | +1638.0% |
| Dec 2008 | Dec 2008 | 2 | 8.4% | +68.6% | +1655.9% |
| Feb 2009 | Mar 2009 | 3 | 10.1% | +54.4% | +1563.6% |
| Feb 2019 | Aug 2020 | 78 | 44.2% | -37.5% | +22.1% |
| Sep 2020 | Oct 2020 | 3 | 5.2% | +53.8% | +14.2% |
| Apr 2024 | Apr 2024 | 2 | 5.2% | +2.8% | -19.5% |
| May 2024 | Jun 2024 | 2 | 1.3% | +3.0% | -20.1% |
| Dec 2024 | May 2025 | 22 | 12.4% | -24.7% | -20.6% |
| Jun 2025 | Jul 2025 | 5 | 5.7% | N/A | -23.9% |
| Aug 2025 | Ongoing | 32+ | 28.1% | Ongoing | -23.9% |
| Average | 18 | — | +48.2% | — |
Frequently Asked Questions
Is FIZZ below its 200-week moving average?
Yes. As of 2026-03-20, National Beverage Corp. (FIZZ) is trading 21.9% below its 200-week moving average of $43.63. The current price is $34.09.
What is FIZZ's 200-week moving average price?
National Beverage Corp.'s 200-week moving average is $43.63 as of 2026-03-20. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when FIZZ drops below its 200-week moving average?
FIZZ has crossed below its 200-week moving average 22 times in our data. On average, buying at that moment produced a one-year return of +48.2%. These dips have historically been decent entry points. These episodes lasted 18 weeks on average.
Is FIZZ a good value right now?
Here's what our data says about FIZZ as of 2026-03-20: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 51. Free cash flow yield is 3.8%. Return on equity is 37.9%. Price-to-book is 5.3x. This is not a buy or sell recommendation — always do your own research.
How does FIZZ compare to the S&P 500?
Over the past 33.2 years, $100 invested in FIZZ would have grown to $17131, compared to $2683 for the S&P 500. That's 16.7% annualized vs 10.4% for the index. FIZZ has outperformed the broader market over this period.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-03-20