Big Rock Brewery (TSE:BR) Shares Cross Below 50 Day Moving Average – What’s Next?

Big Rock Brewery Inc. (TSE:BR) crossed below its 50-day moving average during trading on Friday . The stock has a 50-day moving average of C$0.85 and traded as low as C$0.75. Big Rock Brewery shares last traded at C$0.75, with a volume of 8,100 shares traded.

Big Rock Brewery Stock Performance

The company has a market cap of C$18.33 million, a PE ratio of -0.55 and a beta of -0.30. The company has a current ratio of 0.58, a quick ratio of 0.15 and a debt-to-equity ratio of 93.85. The business’s 50 day moving average is C$0.85 and its two-hundred day moving average is C$0.98.

Big Rock Brewery (TSE:BR) last posted its quarterly earnings results on Monday, November 17th. The company reported C$0.00 EPS for the quarter. The business had revenue of C$16.27 million for the quarter. Big Rock Brewery had a negative return on equity of 29.34% and a negative net margin of 13.83%. On average, equities research analysts anticipate that Big Rock Brewery Inc. will post -0.1 EPS for the current year.

About Big Rock Brewery

Big Rock Brewery Inc is a producer of premium, all-natural craft beers, and cider. It operates in two segments: the wholesale segment which manufactures and distributes beer and cider to and through, provincial liquor boards which are subsequently sold on to end consumers; and the retail segment, which sells beverages, food, and merchandise to end consumers on premises owned and/or operated by the company. Its operating segment includes Wholesale and Retail. The Wholesale segment generates maximum revenue for the company.