Brown Forman (NYSE:BF.A) Stock Price Crosses Below 200-Day Moving Average – What’s Next?

Brown Forman Corporation (NYSE:BF.A)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $27.30 and traded as low as $26.49. Brown Forman shares last traded at $26.5880, with a volume of 108,317 shares traded.

Brown Forman Stock Up 0.5%

The stock’s fifty day simple moving average is $26.98 and its two-hundred day simple moving average is $27.30. The company has a debt-to-equity ratio of 0.52, a current ratio of 3.24 and a quick ratio of 1.18. The company has a market capitalization of $12.20 billion, a price-to-earnings ratio of 17.38 and a beta of 0.33.

Brown Forman (NYSE:BF.A) last posted its quarterly earnings results on Thursday, June 4th. The company reported $0.12 EPS for the quarter. Brown Forman had a net margin of 18.20% and a return on equity of 17.63%. The business had revenue of $912.00 million during the quarter.

Brown Forman Company Profile

Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Old Forester, Early Times, Slane Irish Whiskey, Coopers' Craft, el Jimador, Herradura, New Mix, Pepe Lopez, Antiguo, Finlandia, Korbel Champagne, and Sonoma-Cutrer brands.