Atlanta Braves (OTCMKTS:BATRB) Shares Gap Up – Here’s What Happened

Shares of Atlanta Braves Holdings, Inc. (OTCMKTS:BATRB) gapped up prior to trading on Tuesday. The stock had previously closed at $62.75, but opened at $72.00. Atlanta Braves shares last traded at $72.00, with a volume of 200 shares.

Atlanta Braves Stock Up 7.5%

The stock has a market cap of $4.52 billion, a PE ratio of -71.29 and a beta of 0.24. The business has a 50 day moving average price of $69.61 and a 200 day moving average price of $63.41.

Atlanta Braves (OTCMKTS:BATRB) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.19) earnings per share (EPS) for the quarter.

About Atlanta Braves

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves, a Major League Baseball franchise based in Atlanta, Georgia. The organization generates revenue through baseball operations, including ticket sales, premium seating, concessions, sponsorships, advertising, broadcasting, licensing, merchandising and other game-day activities.

The Braves play at Truist Park, which opened in 2017 in Cobb County, Georgia. The company also owns and operates The Battery Atlanta, a mixed-use development adjacent to the ballpark that includes restaurants, retail stores, office space, residential properties, entertainment venues and hospitality offerings.

The franchise traces its history to 1871 and has represented Boston, Milwaukee and Atlanta during its history.