Brait (LON:BRAI – Get Free Report) issued its earnings results on Wednesday. The company reported GBX 1.12 earnings per share (EPS) for the quarter, Digital Look Earnings reports.
Brait Stock Up 0.4%
Shares of Brait stock traded up GBX 1 on Wednesday, reaching GBX 274. The company’s stock had a trading volume of 400,609 shares, compared to its average volume of 169,156. Brait has a 52 week low of GBX 192.50 and a 52 week high of GBX 277. The firm’s fifty day simple moving average is GBX 260.81 and its two-hundred day simple moving average is GBX 244.94. The company has a market capitalization of £158.88 million and a price-to-earnings ratio of 15.71.
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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