Big Rock Brewery (TSE:BR) Stock Crosses Below Fifty Day Moving Average – Here’s Why

Big Rock Brewery Inc. (TSE:BR)’s share price crossed below its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.88 and traded as low as C$0.77. Big Rock Brewery shares last traded at C$0.77, with a volume of 2,800 shares changing hands.

Big Rock Brewery Stock Performance

The stock’s 50 day moving average price is C$0.88 and its two-hundred day moving average price is C$0.99. The company has a current ratio of 0.58, a quick ratio of 0.15 and a debt-to-equity ratio of 93.85. The firm has a market capitalization of C$18.82 million, a price-to-earnings ratio of -0.56 and a beta of -0.30.

Big Rock Brewery (TSE:BR) last announced its quarterly earnings data on Monday, November 17th. The company reported C$0.00 EPS for the quarter. The firm had revenue of C$16.27 million during the quarter. Big Rock Brewery had a negative net margin of 13.83% and a negative return on equity of 29.34%. On average, analysts forecast that Big Rock Brewery Inc. will post -0.1 EPS for the current year.

Big Rock Brewery Company Profile

Big Rock Brewery Inc is a producer of premium, all-natural craft beers, and cider. It operates in two segments: the wholesale segment which manufactures and distributes beer and cider to and through, provincial liquor boards which are subsequently sold on to end consumers; and the retail segment, which sells beverages, food, and merchandise to end consumers on premises owned and/or operated by the company. Its operating segment includes Wholesale and Retail. The Wholesale segment generates maximum revenue for the company.