Big Rock Brewery (TSE:BR) Reaches New 12-Month Low at $3.55

Shares of Big Rock Brewery Inc. (TSE:BRGet Rating) reached a new 52-week low during trading on Friday . The stock traded as low as C$3.55 and last traded at C$3.80, with a volume of 126 shares trading hands. The stock had previously closed at C$3.95.

Separately, Acumen Capital dropped their price objective on shares of Big Rock Brewery from C$8.00 to C$6.00 and set a “buy” rating for the company in a research note on Friday, May 13th.

The stock’s 50 day moving average price is C$4.08 and its 200-day moving average price is C$4.84. The company has a quick ratio of 0.23, a current ratio of 0.88 and a debt-to-equity ratio of 57.23. The stock has a market capitalization of C$24.79 million and a PE ratio of -6.72.

Big Rock Brewery (TSE:BRGet Rating) last issued its earnings results on Wednesday, May 11th. The company reported C($0.18) EPS for the quarter. The business had revenue of C$8.79 million for the quarter. As a group, sell-side analysts predict that Big Rock Brewery Inc. will post 0.24 earnings per share for the current fiscal year.

About Big Rock Brewery (TSE:BR)

Big Rock Brewery Inc produces, markets, and distributes craft beers, ciders, and ready-to-drink beverages primarily in Canada. The company operates through two segments, Wholesale and Retail. It offers a selection of beer, ciders, and RTD beverages under the Big Rock, Tree Brewing, Rock Creek Cider, Dukes Cider, AGD, Shaftbury, Bow Valley, White Peaks, and Cottage Springs brands.

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