Big Rock Brewery (TSE:BR) Stock Crosses Below Fifty Day Moving Average – Time to Sell?
by Danessa Lincoln · The Markets DailyShares of Big Rock Brewery Inc. (TSE:BR – Get Free Report) crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$0.70 and traded as low as C$0.69. Big Rock Brewery shares last traded at C$0.69, with a volume of 1,600 shares trading hands.
Big Rock Brewery Stock Performance
The business has a fifty day moving average of C$0.70 and a 200-day moving average of C$0.76. The stock has a market capitalization of C$16.96 million, a price-to-earnings ratio of -6.27 and a beta of 0.40. The company has a debt-to-equity ratio of 55.86, a current ratio of 0.90 and a quick ratio of 0.15.
Big Rock Brewery (TSE:BR – Get Free Report) last issued its quarterly earnings results on Friday, May 15th. The company reported C($0.07) earnings per share for the quarter. Big Rock Brewery had a negative net margin of 5.55% and a negative return on equity of 10.60%. The business had revenue of C$10.12 million during the quarter. On average, equities analysts anticipate 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.