Baker Steel Resources (LON:BSRT) Trading Down 0.7% – Here’s Why

Baker Steel Resources (LON:BSRT)’s stock price traded down 0.7% during trading on Friday . The stock traded as low as GBX 75.95 and last traded at GBX 76. 227,552 shares were traded during mid-day trading, an increase of 83% from the average session volume of 124,345 shares. The stock had previously closed at GBX 76.50.

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Baker Steel Resources in a research report on Thursday, December 4th.

Baker Steel Resources Price Performance

The firm has a market capitalization of £80.91 million and a price-to-earnings ratio of 3.25. The business’s 50-day moving average price is GBX 73.20 and its 200 day moving average price is GBX 68.86.

Baker Steel Resources (LON:BSRT) last released its quarterly earnings results on Tuesday, September 30th. The company reported GBX (0.63) earnings per share for the quarter. Baker Steel Resources had a negative net margin of 4,723.70% and a positive return on equity of 134.51%.

About Baker Steel Resources

Baker Steel Resources Trust Ltd. is a fund of Baker Steel Capital Managers LLP.