Brown Forman (NYSE:BF.A) Share Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Brown Forman Corporation (NYSE:BF.A)’s share price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $27.70 and traded as high as $29.28. Brown Forman shares last traded at $28.9450, with a volume of 131,649 shares.

Brown Forman Trading Down 0.1%

The company has a debt-to-equity ratio of 0.51, a current ratio of 2.77 and a quick ratio of 1.09. The company has a market cap of $13.28 billion, a price-to-earnings ratio of 16.83 and a beta of 0.40. The business has a 50 day simple moving average of $27.42 and a 200 day simple moving average of $27.70.

Brown Forman (NYSE:BF.A) last posted its quarterly earnings data on Wednesday, March 4th. The company reported $0.58 EPS for the quarter. The company had revenue of $1.06 billion for the quarter. Brown Forman had a return on equity of 19.93% and a net margin of 20.64%.

About Brown Forman

Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Old Forester, Early Times, Slane Irish Whiskey, Coopers' Craft, el Jimador, Herradura, New Mix, Pepe Lopez, Antiguo, Finlandia, Korbel Champagne, and Sonoma-Cutrer brands.