Big Rock Brewery (TSE:BR) Share Price Passes Above 50-Day Moving Average – Here’s Why

Big Rock Brewery Inc. (TSE:BR) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$1.13 and traded as high as C$1.28. Big Rock Brewery shares last traded at C$1.28, with a volume of 3,550 shares traded.

Big Rock Brewery Stock Up 2.4 %

The firm has a 50-day moving average price of C$1.13 and a 200 day moving average price of C$1.16. The company has a debt-to-equity ratio of 110.44, a current ratio of 0.74 and a quick ratio of 0.15. The company has a market cap of C$8.95 million, a price-to-earnings ratio of -1.73 and a beta of 0.32.

Big Rock Brewery (TSE:BR) last issued its quarterly earnings results on Friday, November 8th. The company reported C($0.13) earnings per share (EPS) for the quarter. Big Rock Brewery had a negative net margin of 12.52% and a negative return on equity of 23.36%. Sell-side analysts predict that Big Rock Brewery Inc. will post -0.1 EPS for the current year.

About Big Rock Brewery

Big Rock Brewery Inc produces, markets, and distributes craft beers, ciders, and ready-to-drink beverages primarily in Canada. The company offers a selection of beer, ciders, and ready-to-drink beverages under the Big Rock, Tree Brewing, Rock Creek Cider, Dukes Cider, AGD, Shaftbury, Bow Valley, White Peaks, and Cottage Springs brands.