Brait (LON:BRAI – Get Free Report) posted its quarterly earnings results on Wednesday. The company reported GBX 2.83 EPS for the quarter, Digital Look Earnings reports.
Brait Price Performance
LON BRAI traded up GBX 0.63 during trading hours on Thursday, reaching GBX 237.63. The company’s stock had a trading volume of 78,197 shares, compared to its average volume of 172,309. The stock has a market capitalization of £134.05 million and a price-to-earnings ratio of -21.84. The firm has a 50-day moving average price of GBX 229.55. Brait has a 1-year low of GBX 169.88 and a 1-year high of GBX 242.
About Brait
Brait Limited is a Guernsey‐incorporated, London‐listed closed‐ended investment company specializing in private equity investments. The company focuses on acquiring and developing high‐quality branded businesses across various sectors, with a particular emphasis on consumer‐facing industries. Brait’s shares trade on the Main Market of the London Stock Exchange under the ticker BRAI and on the JSE Limited in South Africa under the ticker BAT.
The company’s core activities involve the identification, acquisition, and active management of portfolio companies that demonstrate strong growth potential and cash‐generative capabilities.
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