Brown Forman (NYSE:BF.A) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Brown Forman Corporation (NYSE:BF.A)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.47 and traded as high as $28.44. Brown Forman shares last traded at $27.8020, with a volume of 75,467 shares.

Brown Forman Trading Down 0.5%

The company has a debt-to-equity ratio of 0.52, a current ratio of 3.24 and a quick ratio of 1.18. The business’s 50-day moving average price is $27.50 and its two-hundred day moving average price is $27.48. The company has a market capitalization of $13.33 billion, a P/E ratio of 18.99 and a beta of 0.32.

Brown Forman (NYSE:BF.A) last issued its quarterly earnings data on Thursday, June 4th. The company reported $0.12 EPS for the quarter. The business had revenue of $912.00 million for the quarter. Brown Forman had a return on equity of 17.63% and a net margin of 18.20%.

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.