Big Rock Brewery (OTCMKTS:BRBMF) Stock Jumps 42.1% – Here’s What Happened

by · The Markets Daily

Big Rock Brewery Inc. (OTCMKTS:BRBMF – Get Free Report)’s share price shot up 42.1% during trading on Thursday. The stock traded as high as $0.8914 and last traded at $0.8914. 205 shares traded hands during trading, an increase of 27,233% from the average daily volume of 1 shares. The stock had previously closed at $0.6274.

Big Rock Brewery Price Performance

The firm has a market capitalization of $21.95 million, a P/E ratio of -8.10 and a beta of -0.96. The stock has a fifty day simple moving average of $0.59 and a two-hundred day simple moving average of $0.59.

Big Rock Brewery (OTCMKTS:BRBMF – Get Free Report) last issued its quarterly earnings results on Thursday, August 13th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.05). The business had revenue of $9.79 million during the quarter, compared to analyst estimates of $9.58 million. Big Rock Brewery had a negative net margin of 6.95% and a negative return on equity of 14.62%.

About Big Rock Brewery

(Get Free Report)

Big Rock Brewery Ltd. is a Canadian craft brewer headquartered in Calgary, Alberta. Founded in 1985 by entrepreneur Ed McNally, the company helped establish Alberta’s independent craft-brewing industry and produces a range of beers for retail, restaurant and hospitality customers.

The company’s portfolio has included traditional ales, lagers, wheat beers, seasonal releases and specialty brews. Its better-known brands include Big Rock Traditional Ale, Grasshopper Wheat Ale and Warthog Ale.

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