Big Rock Brewery (OTCMKTS:BRBMF) Stock Jumps 42.1% – Should You Buy?

Big Rock Brewery Inc. (OTCMKTS:BRBMF) was up 42.1% during mid-day trading on Thursday. The company traded as high as $0.8914 and last traded at $0.8914. 205 shares changed hands during trading, an increase of 27,233% from the average daily volume of 1 shares. The stock had previously closed at $0.6274.

Big Rock Brewery Stock Performance

The stock has a market cap of $21.95 million, a price-to-earnings ratio of -8.10 and a beta of -0.96. The company has a 50-day moving average of $0.60 and a 200-day moving average of $0.59.

Big Rock Brewery (OTCMKTS:BRBMF) last announced its earnings results on Thursday, August 13th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.05). The firm had revenue of $9.79 million during the quarter, compared to analyst estimates of $9.58 million. Big Rock Brewery had a negative net margin of 6.95% and a negative return on equity of 14.62%.

Big Rock Brewery Company Profile

Big Rock Brewery Ltd. is a Canadian craft brewer headquartered in Calgary, Alberta. Founded in 1985 by entrepreneur Ed McNally, the company helped establish Alberta’s independent craft-brewing industry and produces a range of beers for retail, restaurant and hospitality customers.

The company’s portfolio has included traditional ales, lagers, wheat beers, seasonal releases and specialty brews. Its better-known brands include Big Rock Traditional Ale, Grasshopper Wheat Ale and Warthog Ale.