Big Rock Brewery (TSE:BR) Sets New 52-Week Low – Here’s What Happened

Big Rock Brewery Inc. (TSE:BR)’s share price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as C$0.65 and last traded at C$0.65, with a volume of 500 shares trading hands. The stock had previously closed at C$0.66.

Big Rock Brewery Price Performance

The stock has a market capitalization of C$15.48 million, a PE ratio of -5.73 and a beta of 0.38. The business has a fifty day moving average price of C$0.68 and a 200-day moving average price of C$0.74. The company has a current ratio of 0.90, a quick ratio of 0.15 and a debt-to-equity ratio of 55.86.

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