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

Brown Forman Corporation (NYSE:BF.A) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.30 and traded as low as $26.49. Brown Forman shares last traded at $26.5880, with a volume of 108,317 shares.

Brown Forman Trading Up 0.5%

The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.18 and a current ratio of 3.24. The business’s 50 day moving average price is $26.98 and its 200-day moving average price is $27.30. The firm has a market cap of $12.20 billion, a price-to-earnings ratio of 17.38 and a beta of 0.33.

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

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.