Brown Forman (NYSE:BF.A) Share Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Shares of Brown Forman Corporation (NYSE:BF.A) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.48 and traded as high as $27.62. Brown Forman shares last traded at $27.36, with a volume of 208,769 shares traded.

Brown Forman Price Performance

The stock has a market cap of $12.55 billion, a P/E ratio of 17.88 and a beta of 0.33. The business has a 50 day simple moving average of $27.41 and a 200-day simple moving average of $27.48. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.18 and a current ratio of 3.24.

Brown Forman (NYSE:BF.A) last released its earnings results on Thursday, June 4th. The company reported $0.12 EPS for the quarter. The company 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.