Big Rock Brewery (TSE:BR) Stock Passes Above Fifty Day Moving Average – Time to Sell?

Big Rock Brewery Inc. (TSE:BR) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of C$0.81 and traded as high as C$0.85. Big Rock Brewery shares last traded at C$0.85, with a volume of 1,400 shares.

Big Rock Brewery Price Performance

The firm has a market cap of C$20.78 million, a P/E ratio of -0.62 and a beta of 0.20. The business has a 50-day simple moving average of C$0.81 and a 200 day simple moving average of C$0.95. The company has a debt-to-equity ratio of 93.85, a quick ratio of 0.15 and a current ratio of 0.58.

Big Rock Brewery (TSE:BR) last posted its earnings results on Monday, November 17th. The company reported C$0.00 earnings per share (EPS) for the quarter. Big Rock Brewery had a negative return on equity of 29.34% and a negative net margin of 13.83%.The firm had revenue of C$16.27 million for the quarter. On average, analysts anticipate that Big Rock Brewery Inc. will post -0.1 earnings per share for the current fiscal year.

About Big Rock Brewery

Big Rock Brewery Inc is a producer of premium, all-natural craft beers, and cider. It operates in two segments: the wholesale segment which manufactures and distributes beer and cider to and through, provincial liquor boards which are subsequently sold on to end consumers; and the retail segment, which sells beverages, food, and merchandise to end consumers on premises owned and/or operated by the company. Its operating segment includes Wholesale and Retail. The Wholesale segment generates maximum revenue for the company.