BRP (NASDAQ:DOOO) Stock Price Up 2.5% – What’s Next?

BRP Inc. (NASDAQ:DOOO – Get Free Report) shares shot up 2.5% during trading on Wednesday. The stock traded as high as $60.3275 and last traded at $59.90. Approximately 144,746 shares changed hands during mid-day trading, a decline of 39% from the average daily volume of 237,803 shares. The stock had previously closed at $58.44.

BRP Stock Performance

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

BRP Company Profile

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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.

Further Reading

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