Brait (LON:BRAI – Get Free Report) released its quarterly earnings results on Wednesday. The company reported GBX 1.12 earnings per share for the quarter, Digital Look Earnings reports.
Brait Price Performance
BRAI traded up GBX 2 during trading on Friday, reaching GBX 276. 279,004 shares of the stock were exchanged, compared to its average volume of 172,003. The company has a market capitalization of £160.04 million and a price-to-earnings ratio of 15.83. Brait has a 1 year low of GBX 192.50 and a 1 year high of GBX 277. The business’s 50 day moving average price is GBX 262.27 and its two-hundred day moving average price is GBX 245.87.
About Brait
Brait Limited is a Guernsey‐incorporated, London‐listed closed‐ended investment company specializing in private equity investments. The company focuses on acquiring and developing high‐quality branded businesses across various sectors, with a particular emphasis on consumer‐facing industries. Brait’s shares trade on the Main Market of the London Stock Exchange under the ticker BRAI and on the JSE Limited in South Africa under the ticker BAT.
The company’s core activities involve the identification, acquisition, and active management of portfolio companies that demonstrate strong growth potential and cash‐generative capabilities.
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