Atlanta Braves (OTCMKTS:BATRB) Shares Gap Up – What’s Next?
by Jessica Moore · The Cerbat GemAtlanta Braves Holdings, Inc. (OTCMKTS:BATRB – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $61.19, but opened at $81.00. Atlanta Braves shares last traded at $81.00, with a volume of 113 shares trading hands.
Atlanta Braves Price Performance
The company’s 50 day moving average price is $71.93 and its 200-day moving average price is $65.03. The stock has a market cap of $5.08 billion, a P/E ratio of -80.20 and a beta of 0.21.
Atlanta Braves (OTCMKTS:BATRB – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported ($0.19) EPS for the quarter.
About Atlanta Braves
Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves, a Major League Baseball franchise based in Atlanta, Georgia. The organization manages the team’s baseball operations, ticketing, sponsorships, broadcasting, merchandising and related fan-experience activities.
The company also owns and operates Truist Park, the Braves’ home stadium in Cobb County, Georgia, along with The Battery Atlanta, a mixed-use development surrounding the ballpark. The Battery Atlanta includes restaurants, retail, office, residential, entertainment and hospitality offerings, providing the organization with business activities beyond professional sports.
The Braves franchise traces its history to 1871 and is one of Major League Baseball’s oldest continuously operating teams.