Atlanta Braves (OTCMKTS:BATRB) Shares Gap Up – Here’s What Happened

by · The Markets Daily

Atlanta Braves Holdings, Inc. (OTCMKTS:BATRB – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $62.75, but opened at $67.00. Atlanta Braves shares last traded at $67.00, with a volume of 119 shares changing hands.

Atlanta Braves Price Performance

The company has a market capitalization of $4.20 billion, a PE ratio of -66.34 and a beta of 0.24. The stock’s 50 day simple moving average is $70.17 and its 200-day simple moving average is $65.53.

Atlanta Braves (OTCMKTS:BATRB – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported ($0.19) EPS for the quarter.

About Atlanta Braves

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Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves, a Major League Baseball franchise based in Atlanta, Georgia. The team competes in MLB’s National League East and generates revenue through ticket sales, broadcast and media rights, sponsorships, licensing, concessions, merchandise and other game-day activities.

The company also owns and operates Truist Park, the Braves’ home stadium in Cobb County, Georgia. Adjacent to the ballpark is The Battery Atlanta, a mixed-use development featuring restaurants, retail stores, entertainment venues, office space, residential properties and hotels.

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