BRP (NASDAQ:DOOO) Shares Cross Above 50-Day Moving Average – What’s Next?

BRP Inc. (NASDAQ:DOOO – Get Free Report) passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $59.00 and traded as high as $60.3275. BRP shares last traded at $59.90, with a volume of 144,746 shares traded.

BRP Price Performance

The company’s 50-day moving average is $59.00 and its two-hundred day moving average is $63.91. The company has a debt-to-equity ratio of 4.31, a current ratio of 1.23 and a quick ratio of 0.49. The firm has a market cap of $4.38 billion, a P/E ratio of 161.89 and a beta of 1.26.

BRP Company Profile

(Get Free Report)

BRP Inc is a Canadian powersports and recreational products company headquartered in Valcourt, Quebec. The company designs, develops, manufactures, distributes and sells motorized recreational vehicles, marine products, engines and related parts, accessories and apparel through a global dealer and distribution network.

Its principal brands include Ski-Doo snowmobiles, Sea-Doo personal watercraft, and Can-Am all-terrain vehicles, side-by-side vehicles and three-wheel motorcycles. BRP also produces Rotax engines and offers boats under marine brands such as Alumacraft, Manitou and Quintrex.

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