Brait (LON:BRAI – Get Free Report) announced its earnings results on Wednesday. The company reported GBX 1.12 earnings per share (EPS) for the quarter, Digital Look Earnings reports.
Brait Stock Performance
Brait stock traded up GBX 1 during trading on Wednesday, reaching GBX 274. The company had a trading volume of 400,609 shares, compared to its average volume of 169,156. The firm has a market capitalization of £158.88 million and a PE ratio of 15.71. The firm’s 50-day simple moving average is GBX 261.29 and its 200 day simple moving average is GBX 245.29. Brait has a 1-year low of GBX 192.50 and a 1-year high of GBX 277.
Brait Company Profile
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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