Big Rock Brewery (TSE:BR) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Big Rock Brewery Inc. (TSE:BR) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of C$0.73 and traded as low as C$0.64. Big Rock Brewery shares last traded at C$0.64, with a volume of 2,500 shares.

Big Rock Brewery Price Performance

The business’s 50 day moving average is C$0.67 and its two-hundred day moving average is C$0.73. The firm has a market cap of C$15.73 million, a P/E ratio of -5.82 and a beta of 0.40. The company has a quick ratio of 0.15, a current ratio of 0.90 and a debt-to-equity ratio of 55.86.

Big Rock Brewery (TSE:BR) last released its earnings results on Thursday, August 13th. The company reported C($0.03) earnings per share (EPS) for the quarter. The firm had revenue of C$13.91 million during the quarter. Big Rock Brewery had a negative net margin of 5.55% and a negative return on equity of 10.60%. As a group, analysts anticipate that Big Rock Brewery Inc. will post -0.1 earnings per share for the current year.

Big Rock Brewery Company Profile

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.