Brown Forman (NYSE:BF.A) Share Price Crosses Above 200-Day Moving Average – Should You Sell?

Brown Forman Corporation (NYSE:BF.A) passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $27.70 and traded as high as $27.88. Brown Forman shares last traded at $27.5670, with a volume of 149,552 shares traded.

Brown Forman Stock Up 2.7%

The business’s 50-day moving average price is $27.04 and its 200-day moving average price is $27.70. The company has a quick ratio of 1.09, a current ratio of 2.77 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $12.65 billion, a PE ratio of 16.03 and a beta of 0.32.

Brown Forman (NYSE:BF.A) last posted its quarterly earnings results on Wednesday, March 4th. The company reported $0.58 earnings per share (EPS) for the quarter. The business had revenue of $1.06 billion during the quarter. Brown Forman had a net margin of 20.64% and a return on equity of 19.93%.

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.