Big Rock Brewery (TSE:BR) Share Price Passes Below 200 Day Moving Average – Here’s Why
by Amy Steele · The Cerbat GemBig Rock Brewery Inc. (TSE:BR – Get Free Report)’s stock price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of C$0.72 and traded as low as C$0.62. Big Rock Brewery shares last traded at C$0.62, with a volume of 2,300 shares trading hands.
Big Rock Brewery Stock Performance
The company has a debt-to-equity ratio of 53.67, a current ratio of 0.74 and a quick ratio of 0.15. The stock has a 50-day moving average price of C$0.66 and a 200-day moving average price of C$0.72. The company has a market capitalization of C$15.25 million, a price-to-earnings ratio of -5.64 and a beta of 0.40.
Big Rock Brewery (TSE:BR – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported C($0.03) earnings per share for the quarter. Big Rock Brewery had a negative return on equity of 14.61% and a negative net margin of 7.86%.The business had revenue of C$13.91 million for the quarter. As a group, analysts forecast that Big Rock Brewery Inc. will post -0.1 earnings per share for the current year.
About Big Rock Brewery
In 1985, Ed McNally founded Big Rock to contest the time’s beer trends. Three bold, European-inspired offerings – Bitter, Porter and Traditional Ale – forged an industry at a time heavy on easy drinking lagers and light on flavour. Today, our extensive portfolio of signature beers, ongoing seasonal offerings, six ciders (Rock Creek Cider® series), custom-crafted private label products and other notable, licensed alcoholic beverages keeps us at the forefront of the craft beer revolution and still proudly contesting the beer and alcoholic beverage trends of today.