Big Rock Brewery (TSE:BR) Stock Crosses Below 200-Day Moving Average of $2.05

Big Rock Brewery Inc. (TSE:BR – Get Rating)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$2.05 and traded as low as C$1.60. Big Rock Brewery shares last traded at C$1.60, with a volume of 1,610 shares traded.

Analyst Ratings Changes

Separately, Acumen Capital cut their price objective on shares of Big Rock Brewery from C$3.50 to C$2.50 in a research report on Wednesday, November 16th.

Big Rock Brewery Stock Down 3.0 %

The firm has a 50 day moving average of C$1.74 and a two-hundred day moving average of C$2.05. The company has a current ratio of 0.55, a quick ratio of 0.15 and a debt-to-equity ratio of 52.81. The stock has a market capitalization of C$11.17 million, a PE ratio of -1.65 and a beta of 0.13.

About Big Rock Brewery

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Big Rock Brewery Inc produces, markets, and distributes craft beers, ciders, and ready-to-drink beverages primarily in Canada. The company operates through two segments, Wholesale and Retail. It offers a selection of beer, ciders, and RTD beverages under the Big Rock, Tree Brewing, Rock Creek Cider, Dukes Cider, AGD, Shaftbury, Bow Valley, White Peaks, and Cottage Springs brands.