Big Rock Brewery (TSE:BR) Shares Cross Above Fifty Day Moving Average of $4.37

Big Rock Brewery Inc (TSE:BR)’s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $4.37 and traded as high as $4.65. Big Rock Brewery shares last traded at $4.50, with a volume of 2,514 shares trading hands.

The company has a market capitalization of $31.42 million and a P/E ratio of -16.67. The company has a debt-to-equity ratio of 27.79, a current ratio of 1.11 and a quick ratio of 0.42. The company has a fifty day moving average price of C$4.37 and a two-hundred day moving average price of C$4.34.

Big Rock Brewery (TSE:BR) last released its quarterly earnings results on Thursday, July 30th. The company reported C$0.08 earnings per share for the quarter. The firm had revenue of C$11.93 million for the quarter. As a group, sell-side analysts forecast that Big Rock Brewery Inc will post 0.13 earnings per share for the current year.

About Big Rock Brewery (TSE:BR)

Big Rock Brewery Inc produces, markets, and distributes craft beers and cider in Canada. The company operates through two segments, Wholesale and Retail. It offers a selection of ales and lagers, and seasonal beers and ciders, as well as dry apple, peach, and pear ciders under the Alberta Genuine Draft, Alta Light, Big Rock Grill, Big Rock Honey Brown Lager, Dunkelweizen, Eddies, Grasshopper Ale, Magpie Rye Ale, McNally's Extra Ale, Scottish Style Heavy Ale, Warthog Ale, and Rock Creek, and Traditional Ale names.

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