Big Rock Brewery (TSE:BR) Shares Pass Above 50-Day Moving Average – Here’s Why

Big Rock Brewery Inc. (TSE:BR)’s stock price crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of C$0.80 and traded as high as C$0.81. Big Rock Brewery shares last traded at C$0.81, with a volume of 1,000 shares traded.

Big Rock Brewery Trading Down 4.7%

The firm has a market cap of C$19.80 million, a price-to-earnings ratio of -0.59 and a beta of 0.30. The firm’s 50-day moving average is C$0.80 and its 200-day moving average is C$0.93. The company has a current ratio of 0.58, a quick ratio of 0.15 and a debt-to-equity ratio of 93.85.

Big Rock Brewery (TSE:BR) last released its quarterly earnings data on Monday, November 17th. The company reported C$0.00 earnings per share for the quarter. The firm had revenue of C$16.27 million for the quarter. Big Rock Brewery had a negative net margin of 13.83% and a negative return on equity of 29.34%. As a group, sell-side analysts anticipate that Big Rock Brewery Inc. will post -0.1 EPS for the current fiscal year.

Big Rock Brewery Company Profile

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.