Big Rock Brewery (TSE:BR) Stock Falls 1.6% – Here’s What Happened

Big Rock Brewery Inc. (TSE:BR)’s stock price traded down 1.6% during mid-day trading on Tuesday. The stock traded as low as C$0.60 and last traded at C$0.60. 2,000 shares changed hands during mid-day trading, a decline of 51% from the average session volume of 4,080 shares. The stock had previously closed at C$0.61.

Big Rock Brewery Stock Down 1.6%

The firm has a market capitalization of C$14.76 million, a price-to-earnings ratio of -4.00 and a beta of 0.70. The business has a 50 day simple moving average of C$0.62 and a 200-day simple moving average of C$0.70. The company has a debt-to-equity ratio of 53.67, a quick ratio of 0.15 and a current ratio of 0.74.

Big Rock Brewery (TSE:BR) last announced its quarterly earnings results on Thursday, August 13th. The company reported C($0.03) earnings per share for the quarter. Big Rock Brewery had a negative net margin of 7.86% and a negative return on equity of 14.61%. The firm had revenue of C$13.91 million for the quarter. On average, equities analysts expect that Big Rock Brewery Inc. will post -0.10 EPS for the current year.

About Big Rock Brewery

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.