Big Rock Brewery (TSE:BR) Reaches New 52-Week Low – What’s Next?

Big Rock Brewery Inc. (TSE:BR)’s stock price reached a new 52-week low during mid-day trading on Friday. The stock traded as low as C$0.55 and last traded at C$0.55, with a volume of 2119 shares. The stock had previously closed at C$0.61.

Big Rock Brewery Trading Down 9.8%

The business has a 50 day moving average of C$0.63 and a 200 day moving average of C$0.67. The firm has a market capitalization of C$13.53 million, a price-to-earnings ratio of -3.67 and a beta of 0.50. The company has a debt-to-equity ratio of 53.67, a current ratio of 0.74 and a quick ratio of 0.15.

Big Rock Brewery (TSE:BR) last released 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 net margin of 7.86% and a negative return on equity of 14.61%. The company had revenue of C$13.91 million during the quarter. As a group, research analysts predict that Big Rock Brewery Inc. will post -0.1 earnings per share for the current fiscal 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.