Big Rock Brewery (TSE:BR) Share Price Passes Below 200 Day Moving Average – Here’s What Happened

Big Rock Brewery Inc. (TSE:BR) shares crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.75 and traded as low as C$0.66. Big Rock Brewery shares last traded at C$0.66, with a volume of 2,500 shares.

Big Rock Brewery Stock Down 1.5%

The company has a debt-to-equity ratio of 55.86, a quick ratio of 0.15 and a current ratio of 0.90. The firm has a market capitalization of C$16.22 million, a P/E ratio of -6.00 and a beta of 0.38. The stock has a fifty day moving average price of C$0.68 and a two-hundred day moving average price of C$0.75.

Big Rock Brewery (TSE:BR) last announced its quarterly earnings data on Friday, May 15th. The company reported C($0.07) earnings per share (EPS) for the quarter. The firm had revenue of C$10.12 million for the quarter. Big Rock Brewery had a negative return on equity of 10.60% and a negative net margin of 5.55%. Research analysts forecast that Big Rock Brewery Inc. will post -0.1 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.