Big Rock Brewery (TSE:BR) Share Price Passes Above 50-Day Moving Average – What’s Next?

Shares of Big Rock Brewery Inc. (TSE:BR) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of C$0.80 and traded as high as C$0.85. Big Rock Brewery shares last traded at C$0.85, with a volume of 1,000 shares traded.

Big Rock Brewery Stock Performance

The company has a debt-to-equity ratio of 93.85, a current ratio of 0.58 and a quick ratio of 0.15. The stock’s 50-day moving average price is C$0.80 and its 200-day moving average price is C$0.93. The company has a market cap of C$20.78 million, a P/E ratio of -0.62 and a beta of 0.30.

Big Rock Brewery (TSE:BR) last issued its quarterly earnings data on Monday, November 17th. The company reported C$0.00 earnings per share for the quarter. The business 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%. Equities analysts anticipate that Big Rock Brewery Inc. will post -0.1 EPS for the current year.

About Big Rock Brewery

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.