Big Rock Brewery (TSE:BR) Shares Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of Big Rock Brewery Inc. (TSE:BR) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of C$0.75 and traded as low as C$0.66. Big Rock Brewery shares last traded at C$0.66, with a volume of 2,500 shares trading hands.

Big Rock Brewery Trading Down 1.5%

The company has a debt-to-equity ratio of 55.86, a quick ratio of 0.15 and a current ratio of 0.90. The stock has a market cap of C$15.97 million, a P/E ratio of -5.91 and a beta of 0.38. The company has a 50-day simple moving average of C$0.68 and a 200-day simple moving average of C$0.75.

Big Rock Brewery (TSE:BR) last announced its earnings results on Friday, May 15th. The company reported C($0.07) EPS for the quarter. Big Rock Brewery had a negative return on equity of 10.60% and a negative net margin of 5.55%.The business had revenue of C$10.12 million for the quarter. On average, sell-side analysts forecast 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.