Big Rock Brewery (TSE:BR) Shares Pass Below 50-Day Moving Average – Should You Sell?

Big Rock Brewery Inc. (TSE:BR)’s share price crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of C$0.70 and traded as low as C$0.69. Big Rock Brewery shares last traded at C$0.69, with a volume of 1,600 shares traded.

Big Rock Brewery Trading Down 5.5%

The business has a 50 day moving average of C$0.70 and a 200-day moving average of C$0.76. The stock has a market cap of C$16.96 million, a PE ratio of -6.27 and a beta of 0.40. The company has a current ratio of 0.90, a quick ratio of 0.15 and a debt-to-equity ratio of 55.86.

Big Rock Brewery (TSE:BR) last released its quarterly earnings results on Friday, May 15th. The company reported C($0.07) earnings per share for the quarter. Big Rock Brewery had a negative return on equity of 10.60% and a negative net margin of 5.55%.The company had revenue of C$10.12 million for the quarter. On average, analysts anticipate that Big Rock Brewery Inc. will post -0.1 EPS for the current year.

Big Rock Brewery Company Profile

In 1985, Ed McNally founded Big Rock to contest the time’s beer trends. Three bold, European-inspired offerings – Bitter, Porter and Traditional Ale – forged an industry at a time heavy on easy drinking lagers and light on flavour. Today, our extensive portfolio of signature beers, ongoing seasonal offerings, six ciders (Rock Creek Cider® series), custom-crafted private label products and other notable, licensed alcoholic beverages keeps us at the forefront of the craft beer revolution and still proudly contesting the beer and alcoholic beverage trends of today.