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

Big Rock Brewery Inc. (TSE:BR)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of C$0.80 and traded as high as C$0.85. Big Rock Brewery shares last traded at C$0.85, with a volume of 1,000 shares.

Big Rock Brewery Trading Up 2.4%

The firm’s fifty day simple moving average is C$0.80 and its 200 day simple moving average is C$0.93. The stock has a market capitalization of C$20.78 million, a P/E ratio of -0.62 and a beta of 0.30. The company has a debt-to-equity ratio of 93.85, a quick ratio of 0.15 and a current ratio of 0.58.

Big Rock Brewery (TSE:BR) last issued its quarterly earnings results on Monday, November 17th. The company reported C$0.00 earnings per share for the quarter. The company had revenue of C$16.27 million during the quarter. Big Rock Brewery had a negative net margin of 13.83% and a negative return on equity of 29.34%. As a group, equities research analysts forecast that Big Rock Brewery Inc. will post -0.1 EPS for the current fiscal year.

About Big Rock Brewery

Big Rock Brewery Inc is a producer of premium, all-natural craft beers, and cider. It operates in two segments: the wholesale segment which manufactures and distributes beer and cider to and through, provincial liquor boards which are subsequently sold on to end consumers; and the retail segment, which sells beverages, food, and merchandise to end consumers on premises owned and/or operated by the company. Its operating segment includes Wholesale and Retail. The Wholesale segment generates maximum revenue for the company.