Big Rock Brewery (TSE:BR) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Big Rock Brewery Inc. (TSE:BR) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.75 and traded as low as C$0.66. Big Rock Brewery shares last traded at C$0.66, with a volume of 2,500 shares traded.

Big Rock Brewery Trading Down 1.5%

The company has a quick ratio of 0.15, a current ratio of 0.90 and a debt-to-equity ratio of 55.86. The firm’s 50 day moving average is C$0.68 and its two-hundred day moving average is C$0.75. The stock has a market cap of C$16.22 million, a price-to-earnings ratio of -6.00 and a beta of 0.38.

Big Rock Brewery (TSE:BR) last issued its earnings results on Friday, May 15th. The company reported C($0.07) EPS for the quarter. The company had revenue of C$10.12 million during the quarter. Big Rock Brewery had a negative net margin of 5.55% and a negative return on equity of 10.60%. Equities analysts anticipate that Big Rock Brewery Inc. will post -0.1 EPS for the current year.

Big Rock Brewery Company Profile

In 1985, Ed McNally founded Big Rock to contest the time’s beer trends. Three bold, European-inspired offerings – Bitter, Porter and Traditional Ale – forged an industry at a time heavy on easy drinking lagers and light on flavour. Today, our extensive portfolio of signature beers, ongoing seasonal offerings, six ciders (Rock Creek Cider® series), custom-crafted private label products and other notable, licensed alcoholic beverages keeps us at the forefront of the craft beer revolution and still proudly contesting the beer and alcoholic beverage trends of today.