BRP (NASDAQ:DOOO) Shares Up 2% – Should You Buy?

Shares of BRP Inc. (NASDAQ:DOOO – Get Free Report) rose 2% during trading on Wednesday. The company traded as high as $56.33 and last traded at $56.0850. 197,004 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 237,803 shares. The stock had previously closed at $55.00.

BRP Price Performance

The company has a debt-to-equity ratio of 4.31, a quick ratio of 0.49 and a current ratio of 1.23. The stock’s 50 day simple moving average is $61.53 and its two-hundred day simple moving average is $61.08. The firm has a market capitalization of $4.10 billion, a PE ratio of 151.58 and a beta of 1.26.

About BRP

(Get Free Report)

BRP Inc is a Canadian powersports and marine products company headquartered in Valcourt, Quebec. The company designs, manufactures and distributes recreational vehicles, propulsion systems and related products for consumers and commercial users worldwide.

Its principal brands include Ski-Doo and Lynx snowmobiles, Sea-Doo personal watercraft, and Can-Am side-by-side and three-wheel vehicles. BRP also produces Rotax engines and offers boats through brands such as Sea-Doo, Manitou, Alumacraft and Telwater.

Further Reading

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