Brown Forman (NYSE:BF.A) Stock Passes Below 200 Day Moving Average – Should You Sell?

Brown Forman Corporation (NYSE:BF.A)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $27.25 and traded as low as $25.41. Brown Forman shares last traded at $25.4860, with a volume of 117,441 shares changing hands.

Brown Forman Stock Performance

The business has a 50-day simple moving average of $26.83 and a 200 day simple moving average of $27.25. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.24 and a quick ratio of 1.18. The firm has a market cap of $11.98 billion, a PE ratio of 17.07 and a beta of 0.33.

Brown Forman (NYSE:BF.A) last posted its quarterly earnings data on Thursday, June 4th. The company reported $0.12 earnings per share for the quarter. The firm had revenue of $912.00 million for the quarter. Brown Forman had a return on equity of 17.63% and a net margin of 18.20%.

Brown Forman Company Profile

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.