Atlanta Braves (OTCMKTS:BATRB) Sets New 52-Week High – Still a Buy?

Atlanta Braves Holdings, Inc. (OTCMKTS:BATRBGet Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as $82.45 and last traded at $82.00, with a volume of 336 shares. The stock had previously closed at $70.00.

Atlanta Braves Stock Performance

The business’s 50 day moving average price is $70.64 and its 200-day moving average price is $63.81. The firm has a market cap of $5.15 billion, a price-to-earnings ratio of -81.19 and a beta of 0.21.

Atlanta Braves (OTCMKTS:BATRBGet Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.19) EPS for the quarter.

Atlanta Braves Company Profile

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Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves, a Major League Baseball franchise based in Atlanta, Georgia. The organization manages the team’s baseball operations, ticketing, sponsorships, broadcasting, merchandising and related fan-experience activities.

The company also owns and operates Truist Park, the Braves’ home stadium in Cobb County, Georgia, along with The Battery Atlanta, a mixed-use development surrounding the ballpark. The Battery Atlanta includes restaurants, retail, office, residential, entertainment and hospitality offerings, providing the organization with business activities beyond professional sports.

The Braves franchise traces its history to 1871 and is one of Major League Baseball’s oldest continuously operating teams.

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