Atlanta Braves (OTCMKTS:BATRB) Shares Gap Down – Here’s What Happened

Atlanta Braves Holdings, Inc. (OTCMKTS:BATRB)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $82.00, but opened at $68.00. Atlanta Braves shares last traded at $61.19, with a volume of 400 shares trading hands.

Atlanta Braves Stock Performance

The stock has a 50 day moving average price of $71.84 and a 200 day moving average price of $64.65. The company has a market capitalization of $3.84 billion, a P/E ratio of -60.58 and a beta of 0.21.

Atlanta Braves (OTCMKTS:BATRB) last posted its quarterly earnings results on Wednesday, August 5th. The company reported ($0.19) earnings per share for the quarter.

About Atlanta Braves

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves, a Major League Baseball franchise based in Atlanta, Georgia. The organization manages the team’s baseball operations, ticketing, sponsorships, broadcasting, merchandising and related fan-experience activities.

The company also owns and operates Truist Park, the Braves’ home stadium in Cobb County, Georgia, along with The Battery Atlanta, a mixed-use development surrounding the ballpark. The Battery Atlanta includes restaurants, retail, office, residential, entertainment and hospitality offerings, providing the organization with business activities beyond professional sports.

The Braves franchise traces its history to 1871 and is one of Major League Baseball’s oldest continuously operating teams.